Doing Business with Community Development Banking Institutions: A Deposits Initiative

Author: 
NCIF
Date: 
06/2005

NCIF and the Initiative for Responsible Investment at Harvard University have entered into a partnership to encourage socially responsible investors and others to place their operating accountsin community‐oriented banks with a demonstrated mission of economic development in low‐ and moderate‐income communities. The objective of this effort is to provide an overview of the products and services available at a number of mission-oriented institutions throughout the country. It is our hope that this information will facilitate the use of these banks on the part of organizations and individuals interested in supporting their work in distressed communities.

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