CDFIs finance community businesses, including small businesses, microenterprises, nonprofit organizations, commercial real estate, and affordable housing.
To find an OFN Member CDFI in your state, use the search criteria below. You can also visit our Member Profile Directory to learn about their important work.
The LGFCU Story
This isn’t just a story about a credit union. It’s really a story about you.
In the beginning, there was one credit union for all of North Carolina’s government employees, both state and local. But a few banks insisted that this credit union was serving more than its designated field of membership, despite (and probably because of) our huge happy membership base.
So State Employees’ Credit Union (SECU) continued to serve the needs of state level employees while Local Government Federal Credit Union (LGFCU) was born to focus on the local government employees and volunteers we serve today.
LISC is dedicated to helping nonprofit community development corporations transform distressed neighborhoods into healthy communities of choice and opportunity - good places to work, do business and raise children. LISC mobilizes corporate, government, and philanthropic support to provide CDCs with loans, grants, and equity investments; policy support; and technical and management assistance. Since 1980, LISC has marshaled more than $6 billion from 3,100 investors, lenders, and donors. In more than 300 urban and rural communities nationwide, LISC has helped more than 2,800 CDCs build or rehabilitate more than 160,000 affordable homes and almost 25 million square feet of retail, community, and educational space -- totaling nearly $14 billion in development.
The Low Income Investment Fund's (LIIF's) mission is poverty alleviation, and its programs promote economic advancement and self-sufficiency for the very poor. As a national CDFI, LIIF works to accomplish its mission through the delivery of capital to organizations working in low income communities throughout the US. LIIF's program priorities include housing, childcare, and education. Since its inception in 1984, LIIF has provided a total of nearly $500 million in financing and technical assistance, which has leveraged investments of $3.7 billion, and has supported nearly 50,000 units of low income and special needs housing, 20,000 child care spaces, and 12,000 school spaces for children.
Our mission is to advance community revitalization and development in the Merrimack Valley by providing appropriate loan programs and technical assistance to low and moderate income communities.
Lower East Side People’s Federal Credit Union is a non-profit financial cooperative organized in 1986 that promotes economic justice and opportunity in NYC neighborhoods. We are owned by our members and dedicated to providing high-quality financial services and community development investments in low income, immigrant and other underserved communities.
Lower Valley Credit Union is an $85 million, Low Income Designated, CDFI certified credit union deeply rooted in Washington State’s Lower Yakima Valley. Founded in 1958 and headquartered in Sunnyside, the credit union also operates branches in Prosser and Grandview. LVCU is dedicated to serving the needs of its community and growing membership of over 10,000 strong through following its vision of ‘Planting Seeds of Opportunity for a Better Tomorrow’.
In 2016, OBDC Small Business Finance announced a name change to Main Street Launch. Main Street Launch celebrates our rich 37-year history of small business development as a vehicle for community economic development. It reflects the exciting future of our work as we continue to innovate, pursuing strategies that leverage our small business expertise and capital as a catalyst for an inclusive and diverse local economy through entrepreneurship and jobs. Our name has changed, but our work supporting new and existing small businesses remains the same. Our commitment to the communities we serve in Oakland, San Francisco, and U.S. military veterans is deeper than ever before. Our mission is to create economic opportunity by empowering entrepreneurs. Through innovative partnerships we provide business owners with capital, education, and relationships that allow them to flourish. Our collaborative approach helps our borrowers create jobs and stimulates economic development in low-to-moderate income communities.
MaineStream Finance is a certified CDFI based in Bangor Maine. It began lending in 2000 and at FYE 2006 had over $3.9 million in assets. MaineStream Finance is a private non-profit corporation dedicated to promoting community development through financial training and financing activities to specifically benefit low- and moderate-income residents of Maine.
Manatee Community Federal Credit Union (MCFCU) is located in Bradenton, Florida and was certified as a CDFI in 2012. MCFCU was originally founded in 1958 exclusively serving employees of Tropicana Products and their families. In 2004 MCFCU changed to community charter and redirected its efforts to serve all of Manatee County, Florida. In 2010 MCFC was designated as a Low-Income credit union and has built its product offering around satisfying the special needs of economically challenged and underserved populations. MCFCU’s mission is to strengthen communities, build assets, and improve lives in Manatee County by providing access to affordable, high-quality financial products and related services with emphasis on the needs of low-income communities.
