Date recorded: October 29, 2020
Learn how relationships with Community Development Financial Institutions (CDFIs) can help communities that are underserved by the traditional banking sector. CDFIs are privately-owned banks that promote financial inclusion and economic development among poorer communities.
CDFIs often have a focus on social responsibility and inclusion, rather than a pure profit motive and may receive support from the federal government’s CDFI Fund.
Webcast and Additional Resources
- How CDFIs differ from traditional financial institutions
- The benefit of working with CDFIs
- Who is served by CDFIs
- How to develop relationships with CDFIs
- How the federal government’s CDFI fund supports these community efforts