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 most proximate to communities needs and provide responsible, flexible capital solutions that support new business starts, job creation / retention, financial acumen building and skills development, and delivery of critical goods and services to opportunity rich communities.
Our credit union has been a certified institution since 2017 if not for the [CDFI] program we could not lend to individuals that have a problem getting funding if this program is not funded many citizens who are in financially weakest position the most.
CDFIs are filling in gaps in the capital markets that make financing more widely accessible and contribute to greater economic prosperity for all.
CDFIs are a lifeline for many small business owners who cannot get traditional financing from large banks.