NCIF's Seed Fund loans and investments are for banks and credit unions planning to start or re-structure with a development focus.

NCIF’s Seed Fund loans of up to $250,000 assist existing or start-up banking institutions to plan or implement a CDFI strategy. Loan disbursements are in tranches as organizers reach agreed upon go/no-go decision points in the organizing process. NCIF’s Seed Fund support can help bank organizers through all phases of the planning process.

Over the years, NCIF has been associated with the following de novo banks and credit unions: City First Bank of Washington, DC; Native American Bancorporation (CO), Nuestro Banco (NC), Oasis Bancshares (TX), Pacoima Development Credit Union and CheckSpring Community Corporation (NY). The Fund takes requests for Seed Fund loans at any time and works with Seed Fund borrowers to develop performance plans outlining specific tasks required to launch the development strategy or new institution.