The Wall Street Journal Financial Inclusion Challenge Finalists have been announced and two of the three finalists are CDFIs! OFN Member Hope Enterprise Corporation, as well as Oportun were named finalists along with software firm Propel.
The Prosperity Now Scorecard, a comprehensive resource for data on household financial health and policy recommendations was released earlier this year.
OFN has launched a new resource for CDFIs, tapping into the need to better define their value proposition and turn word of mouth into business: the Consumer Finance Marketing Library.
OFN President and CEO Lisa Mensah was in the San Francisco Bay Area last week to address a group of impact investors at Confluence Philanthropy’s 8th Annual Practitioners Gathering.
South Carolina Community Loan Fund (SCCLF) announced it has received a $350,000 Equity Equivalent (EQ2) Investment through the CDFI Community Investment Fund, a joint initiative by Woodforest National Bank and OFN. SCCLF is one of the f