Virginia Community Capital

Virginia Community Capital is a Community Development Financial Institution (CDFI) with a mission to create jobs, energize places, and promote an enhanced quality of life for Virginians. With offices in Christiansburg, Norfolk, and Richmond, we offer innovative and flexible financing tools throughout the state. In addition, we provide professional advisory services to individuals and organizations in low-to-moderate income and underserved communities. Virginia Community Capital’s subsidiary bank, VCC Bank, is an FDIC-insured, certified CDFI bank. VCC Bank offers banking products tailored to community banks and socially conscious investors. We also provide personal and business deposit products, including checking, savings, and certificates of deposit.

Related News

Renegade Capital | Tuesday, October 5, 2021

Renegade Capital is the activist's podcast for finance and investments. The hosts, Leah Fremouw of Virginia Community Capital, Andrea Longton of OFN, and Ebony Perkins of Self-Help Credit Union, interview thought leaders who go into the ring every day to fight against the racist, sexist, and exclusive norms established by traditional financial and capital systems. Listeners walk away inspired by the guests and armed with actionable tips and tools to use money to create the world in which they want to live. The first episode was released on Tuesday, featuring special guest Cat Berman of CNote

Virginia Community Capital | Tuesday, September 21, 2021

Virginia Community Capital (VCC) has announced the hiring of Amir Kirkwood, formerly of Opportunity Finance Network (OFN), as its new president and CEO. In January, founding executive director Jane Henderson announced her plans to retire after four decades in the banking industry. VCC, a community development financial institution (CDFI), was born out of a $15 million investment and a vision for an institution that served Virginia's economically excluded communities. The organization has driven $1.8 billion in total impact in the Commonwealth since its launch in 2006. This includes nearly 12,000 jobs created or retained and over 10,000 affordable housing units financed. In addition, VCC subsidiary LOCUS Impact Investing has worked with mission-driven philanthropic organizations across the nation to unlock $57.8 million in funds committed to communities since 2017.

The Hill | Sunday, September 12, 2021

The Masonic Theatre in Clifton Forge, Va., — a small town in the Alleghany Highlands — opened in 1906. Over the years, the three-story architectural masterpiece has hosted vaudeville shows, movies, and live performances by stars such as Gene Autry, the Drifters and the Count Basie Orchestra. In 2009, six years after the Masonic had been donated to the town of Clifton Forge, a group of residents set out to renovate the deteriorating landmark. Their dedication bore fruit in 2016, when the Masonic reopened as a stunning performing arts venue, movie theater and educational facility. I'm proud that Virginia Community Capital, a member of Appalachian Community Capital, the organization I'm honored to lead, was one of the lenders that provided financing for the project. And I know that for Clifton Forge — a community that has struggled since the Chesapeake & Ohio Railway's maintenance shop there closed decades ago — the new Masonic is much more than a beautiful building.