National Cooperative Bank Stories and Data

National Cooperative Bank Stories

CDFI Credit Unions Lower Interest Rates on Car Loans
OFN Story: Michigan CDFI Finances Family-Owned Automotive Recycling Business
Detroit CDFI coalition amplifies positive outcomes in communities across the city
Lebowsky Center

National Cooperative Bank Fact Sheet

CDFIs stand in the gap for communities that have long been overlooked, offering the tools, capital, and support that empower people to lift themselves up by their bootstraps. From revitalizing main streets to helping families buy their first homes, CDFIs turn potential into progress. With timely and full support from the Treasury Department, these institutions can continue delivering measurable impact, fueling self-reliance, entrepreneurship, and generational change in America’s most underinvested communities

-Kevin FItzgerald, Opportunity Resource Fund, East Lansing, MI

CDFIs fill a vital need in Michigan by supporting community and economic development in under-served areas. Continuing to fund CDFIs will allow them to provide financial support for communities that would otherwise be left behind.

-Charlotte J. Smith, Community Economic Development Association of Michigan, Lansing, MI

I support CDFIs because I’ve witnessed the economic development they bring to an underserved community and the people that inhabit these areas.

-Taney Turner, ELGA Credit Union, Grand Blanc, MI

Map of National Cooperative Bank CDFI Branches and Stories