Recent News Stories and Data

Built to Scale: Designing a Business with Scale in Mind
St. John Manor
Catonsville CO-OP brings together food, community, and local businesses
A Grand Opening Like No Other

Testimonials

I support CDFIs because they serve as economic first responders in their communities. Native and consumer loan funds, in particular, are instrumental in lifting our most vulnerable populations out of poverty. These CDFIs provide essential financial services and resources, offering a lifeline to individuals and families who might otherwise be excluded from traditional banking systems. By empowering them to become bankable again, CDFIs help create pathways to financial independence and long-term prosperity.

-Alexandria Knipp, Redbud Financial Alternatives, Hazard, KY

We are a nonprofit Chamber of Commerce that does microlending for small businesses. We work with a CDFI bank and are trying to get CDFI certification.

-Immanuel Bassey, South Dakota Black Chamber of Commerce, Sioux Falls, SD

We are a CDFI focused on small business lending. We are giving people who deserve a shot at the American dream – but can’t get it because big banks don’t do small business loans or character loans anymore. Small businesses are important sources of jobs, income and innovation.

-Mark Masterson, Neighborhood Community Development Fund, Pittsburgh, PA