CDFIs are a critical link for many low-income communities and individuals for financing that is not available from conventional sources.
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 are a critical link for many low-income communities and individuals for financing that is not available from conventional sources.
CDFIs are valuable because of their interaction with communities and flexible products and services. They can do things midsize and large banks can’t do.
I support Community Development Financial Institutions (CDFIs) because they are essential in promoting equitable economic growth and community development. At GROW SD, we see how CDFIs empower underserved populations by providing tailored financial solutions that create housing stability and sustainable businesses. Their commitment to reinvesting in local economies aligns with our mission to enhance community well-being. By supporting CDFIs, we can help build stronger, more resilient communities where everyone has the opportunity to thrive.
CDFIs provide banking services to people who would not otherwise have access to these basic services.