Why Your CDFI Bank Should Establish a Mission Aligned Nonprofit Affiliate

In today’s evolving financial landscape, Community Development Financial Institution (CDFI) banks are constantly seeking innovative ways to expand their impact while maintaining financial sustainability. Establishing a nonprofit affiliate can be a game changer—allowing your institution to access new funding sources, enhance community partnerships, and fully leverage the benefits of the ECIP divestiture rule. By combining the strengths of a CDFI bank with the flexibility of a nonprofit, you can drive meaningful change while positioning your institution for long-term success.

HelloBello Banking Illustration by Paul Ballas