Joe Wilson (R-SC02)

Impact in the District

Between 2005 and 2023, there was $1.2 billion in total lending from CDFI Fund award recipients, including $328.6 million in loans to businesses and entrepreneurs, $529.3 million in housing development and mortgage lending, $43 million in consumer lending, $296 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
Optus Bank’s Customer Story: Carolina Concessions LLC
Carolina Concession, LLC was founded by Herbert and Sandra Sims in November 2012 in Columbia, SC. Their business concept has been made possible through developing a banking relationship with Optus Bank. These concepts include: Sky Café and Bar, Riverbanks Bar and Grill, Sunrise Cafe’, Carolina Sub and the Bar B Que Pitt.
Pete’s Mobile Auto & Truck Repairs
An older repair shop in Columbia's Percival Road community has remained an eyesore to residents after falling into disrepair and shuttering its doors over a year ago. The closing of this facility left the community without a full service automotive repair shop.
Security Federal Bank: Restorative Health Services
Restorative Health Services, with the support of Security Federal Bank, plays a vital role in Columbia, South Carolina's home healthcare services industry.
Small Business Stories | Jarvis O’Neal Adams
Meet Jarvis O’Neal Adams, the entrepreneur behind O’Neal On Time Recovery & Towing, LLC, based in Irmo, SC. Starting a towing business was a dream for Jarvis, nurtured through 18 years of experience in the industry. However, every dream comes with challenges. Some of the major hurdles were establishing a brand identity, gaining recognition in the competitive market, and securing funding to expand the business. That’s when Jarvis and his wife, LaToya Grate-Adams, found the support they needed at CommunityWorks.
CDFIs with Branches in the District
Business Development Corp of SC
Caro Federal Credit Union
Grow Financial Federal Credit Union
Grow Financial Federal Credit Union
Palmetto Citizens Federal Credit Union
Palmetto Citizens Federal Credit Union
Palmetto Citizens Federal Credit Union
Palmetto Citizens Federal Credit Union
Palmetto Citizens Federal Credit Union
Palmetto Citizens Federal Credit Union
Palmetto Citizens Federal Credit Union
Peach State Federal Credit Union
Security Federal Bank
Security Federal Bank

Map of CDFI Branches and Stories in

South Carolina Fact Sheet