Banking for Good
Community Development Banks make a difference in the lives of hundreds of thousands of people across the country. CDBA members deliver sustainable impact through innovative financial products and services for low- and moderate-income communities that are left out of the economic mainstream. Our members are often the only source of credit and financial services in these underserved communities.
Our banks finance a range of borrowers and projects. The credit they mobilize builds housing and supports small businesses, creating a ripple effect that extends far beyond their direct customers.
To support community development banks:
#MoveYourMoney: Opening deposit accounts with community development banks is the best way to support these banks and an excellent way to invest in your community. Visit our members page to find a community development bank in your area.
Support Emergency Funding for CDFIs: Community development banks need emergency funding to be able to continue to support their communities during the COVID-19 crisis. CDBA is recommending that $1 billion in emergency funding is allocated to the CDFI Fund to ensure a full recovery in low and moderate income communities.
Banking for Good - COVID Crisis Series
The COVID-19 crisis has hit low- and moderate-income communities the hardest. During the crisis, community development banks have been working overtime to protect jobs and livelihoods across their service areas. The Banking for Good - COVID Crisis Series features short videos highlighting the 24-hour work mission-driven banks are doing to help their borrowers stay afloat.