Andrew Clyde (R-GA09)

Impact in the District

Between 2005 and 2023, there was $151.2 million in total lending from CDFI Fund award recipients, including $68.4 million in loans to businesses and entrepreneurs, $22.9 million in consumer lending, $21.4 million in lending to commercial real estate and community facilities, with the balance going to other activities. For more impact data, check out the CDFI Advocacy App over at CDFI Friendly America.

Stories from the District
Peach State FCU Story: Charles
"Peach State Federal Credit Union has saved me twice. My wife lost her job and she made all the money! I am a high school teacher in Gwinnett. We had a new baby, a new house, an old house (unsold). We were suffering financially. And then my car was unrepairable. Peach State Federal Credit Union worked with my finances, and the Auto Assistance program to put me in a certified used car without busting our budget. Using the Auto Assistance program and a used car auto loan from Peach State helped me gain financial security."
Peach State FCU Story: Dionte
"When I first walked through the front doors of the Lawrenceville location of Peach State Federal Credit Union back in 2012 – guided by hand by my mother, who swore to me a credit union would be a far better option than a bank – I had to admit I was nervous. I had no idea what to expect, especially since I knew nothing about credit unions. I hadn't even heard of them before. Aren't they just fancier terms for banks? That's what I'd assumed. I was wrong, of course."
Peach State FCU Story: Emily
"In January of 2023, I made my first "adult" purchase, driving home in my brand-new (to me) car. As a recent college graduate starting my teaching career, this was a milestone for me. It had been months of careful planning, budgeting, and working to find the best interest rate (which, by far, was with Peach State FCU) to make this dream come true."
Peach State FCU Story: Jennifer
"During the final year of my business degree, I was awarded a Career Advancement Scholarship from Peach State. At the time, my husband and I had just welcomed had our first child and purchased our first home. We were unsure of how we could afford finishing my degree (the first step on the path to become a CPA) but the scholarship was just enough to cover all the costs. Right before graduating we had to replace the roof on our ‘new to us’ home and Peach State was amazing. They provided financing at a great interest rate. I am now taking my CPA exams, and we have almost paid off our roof. I am incredibly thankful for Peach State."
Positive Place Boys & Girls Club
Truist recently partnered with Carver Financial Corporation to finance the construction of a new, state-of-the-art Positive Place Boys & Girls Club and to fund the purchase of new buses. Truist provided $3 million in allocation alongside $7 million from Carver, generating $3.12 million in gross equity for the project. The 25,000-square-foot facility includes a new basketball gym, classrooms, STEM lab, arts center, game room, culinary arts space, and a workforce development and career readiness center. Thanks to New Market Tax Credit financing, the Club will quadruple its capacity to serve up to 450 youths each year in Gainesville, Georgia.
Pueblos Mexican Restaurant
Access to Capital for Entrepreneurs borrower success story
CDFIs with Branches in the District
Access to Capital for Entrepreneurs
Copper Basin Federal Credit Union
Peach State Federal Credit Union
Peach State Federal Credit Union
Peach State Federal Credit Union
Peach State Federal Credit Union
Peach State Federal Credit Union
Peach State Federal Credit Union
Peach State Federal Credit Union

Map of CDFI Branches and Stories in

Georgia Fact Sheet