National Community Investment Fund (NCIF) is proud to announce it has contracted with the US Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) to implement a training and technical assistance program for Minority CDEs.
News and Announcements
The National Bankers Association (NBA) and NCIF recently partnered in a joint effort to promote Minority Depository Institutions (MDIs) and their important role in communities.
Our President and CEO, Saurabh Narain, was recently featured in American Banker, describing the importance of mission-oriented banks and the ways their community development efforts go beyond a narrower popular understanding of banking.
NCIF recently made a $2 million investment into Elkins Park, Pennsylvania-based Noah Bank. The CDFI-certified and MDI-designated bank has carved out an important niche for itself, excelling in providing small business services to minority clients.
A “Very Different Profile” From Typical U.S. Banks: Findings Explain Why More Impact Investors Should Look at Banks Focusing on Minorities, Women, and Other Underserved.