U.S. Department of the Treasury Highlights the Benefits of Public-Private Partnerships for Main Street and Underserved Rural and Urban Communities
US Treasury
Thursday, September 12, 2024
The U.S. Department of the Treasury highlighted several CDBA member banks for their leadership in advancing economic opportunity through the Emergency Capital Investment Program (ECIP). These banks were part of a coalition that lead the way in forging public-private partnerships that bring essential capital to underserved rural and urban communities.
Member banks like First Independence Bank, Asian Bank, Locus Bank, M&F Bank NC, Native American Bank, N.A., Optus Bank, and Southern Bancorp drive Deep Impact Lending, fueling small business growth, expanding access to affordable housing, and supporting critical community services.