Erica L. King’s Post

As financial professionals, we have a unique responsibility to uplift and support the most vulnerable members of our society. That's why the certification as a Community Development Financial Institution (CDFI) holds immense importance. It signifies our commitment to maintaining the highest standards of integrity and dedication in serving underserved communities. Being a CDFI isn't just a title—it's a badge of honor that speaks to our unwavering dedication to making a positive impact. It's about understanding the unique challenges faced by those who are often marginalized, and working tirelessly to provide them with access to financial services and resources that can truly transform lives. Let's remember that this certification is not just a box to tick, but a pledge to channel expertise, resources, and energy towards building a more equitable financial landscape. #CDFI #IntegrityMatters #FinancialEmpowerment #SocialImpact

Last week, the CDFI Fund's Community Development Advisory Board continued the discussion on updates to CDFI certification. We anticipate the reforms will "ensure the integrity of mission-driven financial institutions and curb predatory lending." See what OFN Board Chair, Donna Gambrell, and Annie Donovan have to say about certification reform: https://lnkd.in/grbg-K_H [paywalled]

After three decades, it's time to reform certification for CDFIs

After three decades, it's time to reform certification for CDFIs

americanbanker.com

We’ll said, We want no more predatory lending from CDFI’s

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