Industry News – June 17, 2021

Fifth Third Bank Becomes Largest Investor in Detroit Minority Depository Institution With an additional investment of $2.5 million, Fifth Third Bank has become the largest investor in First Independence Bank, the seventh-largest Black-owned bank. The investment is a...

Policy News – June 17th, 2021

Treasury Secretary Janet Yellen and Vice President Kamala Harris announced an award of $1.25 billion in COVID-19 relief funds to 863 community development financial institutions (CDFIs). The grants will be available through Treasury’s CDFI Rapid Response Program (CDFI...

Policy News – June 10th, 2021

Advocacy at AEO: President & CEO Connie Evans Seeks Reauthorization of the State Small Business Credit Initiative in Response to Treasury Department. The Department of Treasury released a Request for information to invite the public to comment on the SSBCI program...

Industry News – June 10, 2021

Philadelphia CDFI Network Is Seeking an Executive Director The Pennsylvania CDFI Network (PA CDFI Network), a membership organization of 17 Pennsylvania-based federally certified community development financial institutions, is seeking its first full-time Executive...