Clearinghouse Community Development Financial Institution (Clearinghouse CDFI) announced today a $500,000 Class A equity investment from First Choice Bank. First Choice Bank is a community focused ...
Credit unions serving low-income populations are increasingly letting their CDFI certification lapse. But they’re not retreating from their mission.
The KeyBank Foundation has unveiled a special grant program for Community Development Financial Institutions (CDFIs) totaling $5.4 million in awards in honor of the bicentennial celebration of its ...
Thanks to an SBA loan through Ponce Bank, Daniel Garcia, owner of the Caribbean food service company Salsa Caterers and Special Events, acquired an industrial building in the Bronx to expand his ...
The future of the federal Community Development Financial Institutions (CDFI) Fund remains embroiled in politics and uncertainty that’s trickling down to the community lenders that rely on it as a ...
WASHINGTON — Funding for a key program that helps banks do community-focused lending is idling, and shows little sign of being deployed, as the Trump administration continues to eye the community ...
FDIC-insured depository institutions seeking CRA credit opportunities may be eligible to apply for funding to further impact the distressed communities they serve. On March 31, 2023, the Department of ...
NEW YORK, April 17, 2023 (GLOBE NEWSWIRE) -- Ponce Financial Group, Inc. (PDLB),, the holding company for Ponce Bank (the “Bank”), today announced that the Bank has been awarded a $3.7 million grant ...
Sen. Mark Warner, D-Va., left, and Sen. Mike Crapo, R-Idaho, co-chairs of the Community Development Financial Institution caucus. WASHINGTON — A group of bipartisan senators urged Treasury Secretary ...
LAKE FOREST, Calif., July 28, 2020 /PRNewswire-PRWeb/ -- Clearinghouse Community Development Financial Institution (Clearinghouse CDFI) announced today a $1.1 million equity investment from Comerica ...
F&M Bank’s investment will fund jobs, affordable housing, and other community development opportunities benefiting low- to moderate-income communities LONG BEACH, Calif.--(BUSINESS WIRE)-- Farmers & ...
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