Industry News - March 26, 2019

March 26, 2019

Economy Remix: Hope Credit Union and Other Community Finance Leaders Uplift the Delta

Several CDFIs hcame together to host a conference in the Mississippi Delta focused on breaking the disconnect between policy makers, financial institutions, and rural communities of color.

Source: Nonprofit Quarterly

CNote launches fund to boost lending to women business owners

At only eighteen months old, this investment platform is expanding it $18 million portfolio to launch a fund that targets women-owned businesses.

Source: Impact Alpha

Clearinghouse CDFI Invests in Native American Bank

Clearinghouse CDFI has invested $195,800 in Class A stock in Native American Bank—the only Native American-owned, nationwide financial institution. This is the first time that a CDFI has invested in the bank.

Source: PRWEb

U.S. Hispanic Chamber Gives Endorsement to Small Businesses

The United States Hispanic Chamber of Commerce recently announced their endorsement of the Small Business Borrowers’ Bill of Rights.

Source: Al Día News

SBA Helps Women Start Businesses at Record Rates  

In 2017, the SBA’s network of Women’s Business Centers supported more than 150,000 women, resulting in an estimated $1.7 billion in revenue growth and 17,000 new jobs for the businesses they served.

Source: Times of San Diego

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