Funders

To be able to provide impactful financial products and services to our members, we've received support through the following organizations:

NYS ESD (Empire State Development)

The mission of Empire State Development (“ESD”) is to promote a vigorous and growing state economy, encourage business investment and job creation, and support diverse, prosperous local economies across New York State through the efficient use of loans, grants, tax credits, real estate development, marketing and other forms of assistance.

US Department of Treasury

The U.S. Department of the Treasury's mission is to maintain a strong economy and create economic and job opportunities by promoting the conditions that enable economic growth and stability at home and abroad, strengthen national security by combating threats and protecting the integrity of the financial system, and manage the U.S. Government’s finances and resources effectively.

ECIP Expense Policy

CDFI Fund

The Community Development Financial Institutions Fund (CDFI Fund) plays an important role in generating economic growth and opportunity in some of our nation's most distressed communities. By offering tailored resources and innovative programs that invest federal dollars alongside private sector capital, the CDFI Fund serves mission-driven financial institutions that take a market-based approach to supporting economically disadvantaged communities. These mission-driven organizations are encouraged to apply for CDFI Certification and participate in CDFI Fund programs that inject new sources of capital into neighborhoods that lack access to financing.

Credit Union Resources and Expansion | NCUA

The mission of the Office of Credit Union Resources and Expansion is to support credit union growth and development. We provide support to low-income, minority, and any credit union seeking assistance with chartering, charter conversions, bylaw amendments, field-of-membership expansion requests and low-income designations. We also provide access to online training and resources, as well as grants and loans through the Community Development Revolving Loan Fund.

Inclusiv

Inclusiv provides capital resources to member community development credit unions to increase their capacity to serve underserved communities. Since its establishment in 1982, Inclusiv/Capital, the investment arm of Inclusiv, has invested over $200 million in community development credit unions. Inclusiv’s current investment offerings are designed to increase liquidity, boost net worth, and reduce credit unions’ risk so our member CDCUs can achieve greater impact in their local communities.

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We are a member-owned, low income designated, minority depository, certified community development financial institution serving our community.

 

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