Community Development Financial Institutions (CDFIs) are essential to supporting businesses that serve as the backbone and cultural foundation of their communities.
Thank you to our partners at Inclusive and CDBA for sharing data on CDFI Bank and CDFI Credit Union branch locations. In addition, about 100 of our CDFI Stories come from OFN’s story database.
Community Development Financial Institutions (CDFIs) are essential to supporting businesses that serve as the backbone and cultural foundation of their communities.
The financial education offered by Native CDFIs has been making huge impacts within the community. I have been involved in the CDFI network for 8 years and am seeing the positive results. This is especially critical for the younger generations.
CDFIs provide much-needed assistance to individuals and businesses in the state of South Dakota.
As an emerging CDFI serving the state of MN with small dollar consumer lending, this funding is essential to us to help combat predatory lending that strips wealth from low-income communities and allows us to provide stabilizing capital to communities to stay housed, employed, and (re)build credit to reach their asset building goals (e.g. car and home ownership) for the future.