CDFIs
- Mar- 2021 -4 MarchBanking
CDFIs, minority-owned banks to get $9B from Treasury for COVID relief
WASHINGTON — The Treasury Department is investing $9 billion into community development financial Institutions and minority depository institutions as a…
Read More » - Feb- 2021 -19 FebruaryBanking
New OCC chief should encourage banks, fintechs to partner with CDFIs
As President Biden continues to select hundreds of key personnel to serve as the new administration, one crucial seat remains…
Read More » - 11 FebruaryBanking
What Biden’s infrastructure plan could mean for banks
WASHINGTON — President Biden’s plans for a major infrastructure package could be a double-edged sword for banks. On the one…
Read More » - Jan- 2021 -22 JanuaryBanking
OCC’s fair-access rule is anything but fair
In his last day at the agency, acting Comptroller of the Currency Brian Brooks finalized a rule requiring the largest…
Read More » - 14 JanuaryBanking
Inclusiv launches $20M capital fund to benefit communities of color
Inclusiv has launched a new fund that will deploy $20 million as secondary capital to expand economic relief and financial…
Read More » - Nov- 2020 -18 NovemberBanking
CDFIs have untapped potential as game changers for minority-owned businesses
As the coronavirus pandemic worsens with policymakers unable to reach a deal to extend relief for vulnerable Americans, low-income communities…
Read More » - Oct- 2020 -29 OctoberBanking
Promontory Interfinancial rebrands as IntraFi, looks to diversify
When Citizens Bank of Edmond was in crisis, a company with a high-tech system that lets banks sell excess deposits…
Read More » - 19 OctoberBanking
Can CDFIs help their communities while keeping investors satisfied?
A community development bank in Arkadelphia, Ark., that raised nearly $35 million could be a model for a growing number…
Read More » - 7 OctoberNews
Small banks turn to German fintech for deposit-gathering help
Consumers on the prowl for higher rates on their savings or more places to spread out their cash have a…
Read More » - Aug- 2020 -26 AugustNews
U.S. Bancorp enlists CDFIs’ help to aid minority entrepreneurs
When U.S. Bancorp decided it needed to make sure emergency loans reached the smallest of small businesses, especially those owned…
Read More »
