Community Development Financial Institution
Building financial security together.
What it means to be a CDFI:
- Community Development Financial Institutions – or CDFIs – are mission-driven
financial institutions that are dedicated to providing financial services to meet the needs
of economically disadvantaged individuals within underserved communities.
- CDFIs invest in local communities and the residents who live there by providing critically
needed financing often unavailable from mainstream financial institutions.
- CDFIs are certified by the U.S. Department of the Treasury’s Community Development
Financial Institutions Fund – known as the CDFI Fund. In order to become a certified
CDFI, the financial institution must: have a primary mission of promoting community
development; provide financial products and services; serve one or more defined low income
target markets; maintain accountability to the community it serves; and be a legal
- All CDFIs share a common mission of serving low-income communities. CDFIs are
commonly loan funds, credit unions, community banks, or venture capital funds.
- Certified CDFIs are part of a national network promoting economic growth in
America’s underserved communities by financing businesses, creating jobs, and
- As a CDFI, Buckeye State Credit Union puts the community first and
values local, economic growth.
- Here in our communities, Buckeye State Credit Union provides
individuals and businesses with financial services to promote local growth and
- As a CDFI, Buckeye State Credit Union is dedicated to serving the
residents and businesses of our communities that historically lack access to financial services
to encourage our community to participate in the mainstream economy.