The CDFI Performance Group developed by CB Resource intends to focus on banks with or seeking the CDFI designation certified by the CDFI fund and the U.S. Department of the Treasury. Mr. Jones ...

The journey to financial empowerment begins with individuals, but its true power lies in how it transforms communities and ...

The Office of Management and Budget under President Donald Trump has not apportioned any discretionary awards to financial institutions in the fiscal year of 2025, according to new documents released ...

The leader of a major credit union trade group takes issue with a recent BankThink article questioning credit unions' ability to operate as federally recognized Community Development Financial ...

This CDFI Has a Plan To Boost Small Business Lending By bundling and selling CDFI microloans to banks, Scale Link hopes to increase capacity for other CDFIs across the country.

Farmers & Merchants Bank of Long Beach (F&M Bank) announced today a $2 million capital investment in Clearinghouse Community Development Financial Institution (Clearinghouse CDFI), a mission-based ...

Community Savings is also uniquely positioned to collaborate with banks and other financial institutions seeking partnerships with a CDFI to achieve Community Reinvestment Act (CRA) goals.

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 ...

M&F Bank CEO James Sills talks Trump administration freezes on CDFI funds to Durham, NC, institution, minority business agency cuts, and large bank competition.

The Community Development Financial Institutions Fund, part of the Treasury Department, is under threat from Trump’s Office ...

Black-Owned Carver Federal Bank Is Betting on Microlending Microloans are the latest addition to the CDFI’s toolkit for supporting minority entrepreneurs.

The Bank also announced today that it has received the previously announced $3.7 million in cash that was granted from the U.S. Treasury as part of the Community Development Financial Institutions ...