Aligning capital with justice is the north star for Community Development Financial Institutions (CDFIs). We are in the social impact business – whether the route is loans to early education providers, micro-loans to entrepreneurs of color,... Read more
If there is anything that I’ve learned during my time as a student, it’s that diverse representation within the student body, teaching staff, and curriculum is very important. Since elementary school, I’ve never really seen myself represented in... Read more
In what the Treasury Department is calling a "historic vote," the Senate, confirmed Janet Yellen as the Secretary of the U.S. Treasury Department.
The 74-year old will serve on an economics team that President Joe Biden says ... Read more
$84 million deployed so far has helped keep 50,000 small business jobs
Bank is ready to serve more customers through the newest round of Paycheck Protection Program
Starbucks announced that it's committing $100 million by 2025 to launch the Starbucks Community Resilience Fund, which is focused on supporting small businesses and development projects in Black, Indigenous, and People of Color communities.
Here are six trends of note that occurred in the world of impact entrepreneurship and investing during 2020.
Social Entrepreneurs Rise to the Occasion
Impact enterprises targeting low-income and underserved communities—people most... Read more
The U.S. Treasury Department has certified Kaua’i Government Employees Federal Credit Union as Hawaii’s 12th Community Development Financial Institution (CDFI).
... Read more
WASHINGTON — President Joe Biden signed four executive actions Tuesday aimed at advancing racial equity as part of his push to use the powers of the presidency to implement parts of his agenda. The executive actions direct the Department of... Read more
As part of its $1 billion commitment, Bank of America dedicated $50 million to support minority depository institutions (MDIs) and community development financial institution (CDFI) banks. As part of these equity investments Bank of America will... Read more