The Treasury Department Friday issued a long-awaited revision to its community development financial institution certification process, a move that CDFI advocates say provides much-needed updates to ...

The current political and economic climate has focused attention on justice and values, leading more organization, advisors and clients to discuss social impact investing. We’ve seen companies like ...

A new nonprofit aims to even the playing field for local Black-owned businesses. Founded in late 2021, Freedom Equity Inc. is a Black-led community development financial institution (CDFI), or an ...

Community Development Financial Institutions (CDFIs) provide responsible and affordable credit to underserved communities. Congress provided support for community-based lenders during the COVID-19 ...

To take a closer look at the CDFI landscape and what is needed to move the critical concept forward, we have turned to some of the region’s leading experts – in community finance, corporate equity and ...

BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) today announced that it has made deposits with three mission-driven minority depository institutions (MDIs) including Carver State Bank, ...

The deal to reopen the federal government earlier this month reversed the mass firings of thousands of federal workers. Among those who got their jobs back are the entire staff at the Community ...

BIRMINGHAM, Ala.--(BUSINESS WIRE)--Regions Bank on Thursday announced a collaborative agreement with seven Community Development Financial Institutions (CDFIs) and Minority Depository Institutions ...

Revitalizing American communities and industries has been a core priority for the Trump administration. Congress and federal agencies are pursuing policies aimed at increasing financial resilience and ...

Clifford Rosenthal worked with residents and organizers to found the Lower East Side People’s Federal Credit Union, still standing today. (Photo by Oscar Perry Abello) This is your first of three free ...