Neighborhood National Bank
Neighborhood National Bank is a recognized leader in providing banking products and services to small businesses in underserved and economically disadvantaged neighborhoods of San Diego. Opening its doors in 1997, the bank plays a pivotal role in spurring the commercial revitalization of disinvested neighborhoods. Serving a culturally diverse customer base, Neighborhood provides a welcome home for minority, women, and immigrant-owned businesses that the traditional banking sector often overlooks.
Neighborhood Bancorp, parent of Neighborhood National Bank, recently announced that they successfully completed their recapitalizing. The oversubscribed offering raised $6.4 million and exceed the company's expectations.
The CDFI Fund publicized the awardees for the Financial Assistance, Technical Assistance, and Healthy Food Financing Intiative funds for FY2016. We congratualte the six CDBA members who won awards in this round: BankPlus (FA), Citizens National Bank of Meridian (FA), Neighborhood National Bank (TA), Spring Bank (FA), Southern Bancorp (FA), and Start Bank (FA). Click on Read More to see the full awards list.