Tag : Community Development Financial Institution

Truist and Truist Foundation Announce $4.5 Million in Grants to Strengthen Texas’ Racially Diverse Small Business Ecosystem
Finance News

Truist and Truist Foundation Announce $4.5 Million in Grants to Strengthen Texas’ Racially Diverse Small Business Ecosystem

Fintech News Desk
by Fintech News Desk0
Truist Foundation announced a $3.5 million grant to PeopleFund, a Texas-based Community Development Financial Institution (CDFI) and nonprofit 501(c)(3) that strives to create economic opportunity and financial stability for underserved people by providing access to capital, education and other resources to build healthy small businesses. Truist Foundation’s grant provides long-term sustainability for PeopleFund’s Black,......
Full-service, Black-owned Bank to Open Twin Cities Branch
Banking Fintech News

Full-service, Black-owned Bank to Open Twin Cities Branch

Fintech News Desk
by Fintech News Desk0
Five banks with Twin Cities operations will support Detroit-based First Independence Bank’s entry into the region Detroit-based First Independence Bank, one of only 18 Black-owned full-service banks in the country, has filed an application to open a branch in the Twin Cities. Five banks in the Twin Cities — Bank of America, Bremer Bank,......
U.S. Bank, Enterprise Community Partners Announce Innovative Racial Equity Bond
Finance Fintech News

U.S. Bank, Enterprise Community Partners Announce Innovative Racial Equity Bond

Fintech News Desk
by Fintech News Desk0
The $30 million bond will support housing developers of color U.S. Bank and Enterprise Community Partners (Enterprise) announced the issuance of an innovative bond designed for targeted and measurable racial equity results. Issued by Enterprise Community Loan Fund, Enterprise’s Community Development Financial Institution (CDFI), the $30 million bond will help......
Tricolor Adds Veteran Leadership to Aggressively Expand AI-Powered Responsible Lending Platform
Artificial Intelligence Fintech News Risk Management

Tricolor Adds Veteran Leadership to Aggressively Expand AI-Powered Responsible Lending Platform

Fintech News Desk
by Fintech News Desk0
Purposeful financial technology leader adds proven execs, aims for continued scaling of business into new geographies Tricolor, a tech-enabled Community Development Financial Institution (CDFI) and the nation’s largest used vehicle retailer and lender for the Hispanic consumer, announced that it has named Nick Brown as Chief Risk Officer, Albert Hoover......
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