Banking with a CDFI organization allows you to become a direct supporter of important development projects for our communities in need. By leveraging the deposits you, as customers, make available and through financial support from the CDFI Fund, City National Bank continues to expand the amount of resources available to our communities.
The CDFI Fund was created by the U.S. Treasury to expand the capacity of such institutions to provide capital, credit and financial services in underserved markets. City National Bank continues to be the recipient of such financial awards, which provides the ability to pass more capital along to our distressed communities in the form of rehabilitation and development loans along with providing low-cost banking services.
To maintain its status as a CDFI, City National Bank pledges to:
- support a primary mission of community development,
- serve a distressed target market or underserved population,
- provide financing and development services to that population.
If you are not a City National Bank customer, make a deposit today and support community development within the respective markets and targeted areas we proudly serve. |