$1 billion Stories and Data

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Testimonials

Fund program has been instrumental to Cooperative Federal’s work over the years, helping us reach more people and have a bigger impact on our local neighborhoods.

-Renald Dupuis, Cooperative Federal Credit Union, Syracuse, NY

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.

-Aisha Benson, Nonprofit Finance Fund, New York, NY

CDFIs provide affordable capital to borrowers that may not be able to access credit from mainstream financial institutions. Unlike other non-bank options, CDFI loans are affordable and transparent. And CDFIs take a holistic approach, prioritizing the wellbeing of individual clients and the borrowers that live within them.

-Adam Safer, Carolina Small Business Development Fund, Raleigh, NC