The concept of “community investing” is as old as money itself. People invest directly in their community for the greater good of that community. It is a notion that modern credit unions are built upon.
In 1973, ShoreBank (then South Shore Bank) opened its doors on the south side of Chicago. While other banks were leaving [...]
Vision / Mission
Mercy Loan Fund (MLF), along with its parent organization Mercy Housing, Inc. (MHI), works to create a more humane world where poverty is alleviated, communities are healthy and all people can develop their full potential.
MLF provides capital to community-based affordable housing developers with financing needs that are unmet through traditional financial institutions. MLF’s [...]
History/Overview
Self-Help Credit Union (SHCU) is a federally insured, state-chartered credit union located in Durham, North Carolina. Since its founding in 1984, SHCU’s mission has been to help build assets, creating opportunities for families and their communities. As a federally recognized community development financial institution, SHCU uses interest-bearing deposits, such as Certificates of Deposit (CDs), to [...]
Overview/ History
Lakota Funds is a community development organization actively promoting the socioeconomic sustainability of Oglala Lakota Oyate on the Pine Ridge Indian Reservation in South Dakota. Pine Ridge encompasses most of Shannon County, South Dakota (which is roughly the size of Connecticut).
Lakota Funds was established in 1986 by a group of local community leaders [...]
Shared Interest raises funds that are used to partially guarantee loans issued by South African financial institutions to low-income South Africans
The mission of NABNA is to pool Indian economic resources to increase Indian economic independence.
The Community Development Financial Institutions Assessment and Rating System (CARSTM) is a third-party-administered analysis and rating system of non-bank/credit union Community Development Financial Institutions (CDFI). It was developed by the Opportunity Finance Network (OFN) (formerly the National Community Capital Association) to aid investors in their investment decision process.
Opportunity Finance Network has more than ten [...]
New Hampshire Community Loan Fund (NHCLF) is a nonprofit community development loan fund and micro finance institution serving low- and moderate-income people in New Hampshire.
The Reinvestment Fund (TRF) is a leading innovator in the financing of neighborhood economic revitalization.
Oikocredit: Ecumenical Development Cooperative Society is a worldwide cooperative society dedicated to promoting social and economic justice by challenging people, churches, nonprofit organizations, and others to share their resources through socially responsible investments and by empowering disadvantaged people with credit
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