In 2015, OFN Members provided $5 billion in financing, helping to create or maintain more than 1,000,000 jobs and start or expand nearly 192,000 businesses and microenterprises. Portfolio performance improved for the fifth consecutive year, with 90-day delinquencies at 1.7%. And for the third year in a row, OFN Members' annual net charge-off rate was the same as FDIC-insured institutions. New this year, we compare OFN Member credit unions to all CDFI Fund-certified credit unions and all NCUA low-income designated credit unions. Also for the first time this year, we have included a Consumer peer group for loan funds.
This information—and more—is available in the 18th edition of Opportunity Finance Institutions: Side by Side, OFN's signature annual reference guide which highlights peer groups and key FY2015 statistics from OFN’s Members.
We've also produced a new infographic to illustrate the report's findings for audiences new to the opportunity finance industry. This infographic can be used to illustrate the impact of CDFIs in your conversations with the media and your local policy makers.
Download a printable PDF
Both the report and the infographic are FREE to OFN Members and Allies. Visit our Publications page to download the report.