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November 3, 2021

We Received a CDFI Grant!

community

What is a CDFI technical assistance grant?

CDFI stands for Community Development Financial Institutions, and assistance is given to help financial institutions empower their community.

What is CDFI, what does it mean for CBC, the community, and our members? 

CBC has received a CDFI Technical Assistance Grant of 125k to put towards our community engagement and development efforts in lower-income communities.

Examples of what we are doing: 

  • Mobile banking in Spanish – Complete!
  • Marketing material translations – In progress!
  • Consumer ITIN lending – Complete!
  • Lending Documentation in Spanish – In progress!
  • Diversity and Inclusion  – In progress!
  • Financial Education – On-going!
  • Team Support – On-going!

CBC looks forward to sharing more with you about our progress along our journey towards becoming CDFI certified to further help our effort towards better community development and engagement!

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