CDFIs provide banking services to people who would not otherwise have access to these basic services.
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.
CDFIs provide banking services to people who would not otherwise have access to these basic services.
These funds were used to construct our high school building, which has served thousands of students and families in our community.
CDFIs help community-focused organizations access capital for traditionally underserved communities.
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.