About Albina Community Bank
Albina Community Bank creates hope and financial opportunity by building lasting banking relationships with those who care the most about our communities. As a full-service, independent commercial bank, Albina provides competitive banking products and services within the greater Portland area and strives to improve the social and economic conditions of underserved people and distressed communities. The Bank was founded in 1995 by community leaders in Portland to meet the market need of a community development financial institution. This vision has been fulfilled through the Bank’s support of projects that promote jobs, growth of small businesses, and wealth in Portland neighborhoods.
The Bank serves the large community of nonprofits and foundations of all sizes throughout the Portland metropolitan area. This community uses products and services specifically geared to their needs, as well as value-added “extras” that build on a common mission to improve the communities where we live and work. Albina’s employees show their commitment to these organizations through community involvement, volunteerism and board and committee positions.
Albina is a member of the NCIF Network:
- BankImpact Dashboards Reporting Bank
- NMTC 3-Way Partnership Partner
Albina Community Bank is a proud financial partner of Street Roots (http://streetroots.org/). Established in 1998, Street Roots creates income opportunities for people experiencing homelessness and poverty by producing a newspaper that addresses individual and social change. Over 70 active vendors buy and re-sell Street Roots newspapers in the Portland metropolitan area. Vendors purchase the paper for $0.25 (which goes towards printing) and sell the paper for $1.00, keeping all profit and any tips. Earning this small daily wage provides the vendors with a path to self-sufficiency as well as a sense of personal worth.
Street Roots has partnered with Albina for 10 years for their banking services. As a qualifying non-profit organization, they use Albina’s “Non-Profit Banking” package which provides them with low (or no) cost products and services that keep their bank fees to a minimum – allowing them to direct more of their funds where they are needed most.
Albina employees recently volunteered time to support Street Roots with their 2015 Pride March, including photography support for the event. In addition, the bank is a frequent supporter of the Street Roots Rose City Resource Guide that offers a comprehensive list of resources available in Multnomah County to help people experiencing homelessness and poverty.
“Street Roots has a long and cherished relationship with Albina Community Bank. Albina has been there with us throughout our growth as an organization and helped us at every step along the way. We are proud partners and believe in Albina Community Bank.” ~Israel Bayer, Executive Director