South Dakota Stories and Data

I support Community Development Financial Institutions (CDFIs) because they are essential in promoting equitable economic growth and community development. At GROW SD, we see how CDFIs empower underserved populations by providing tailored financial solutions that create housing stability and sustainable businesses. Their commitment to reinvesting in local economies aligns with our mission to enhance community well-being. By supporting CDFIs, we can help build stronger, more resilient communities where everyone has the opportunity to thrive.

CDFI are critical in our outline areas. The focus areas and collaborative efforts with tribal members continue to be a success.

CDFIs assist businesses and individuals that often cannot access bank capital. Especially in rural SD access to capital is difficult and the # of small banks have been reduced.