If you are a client, please tell us about your experience. “It was a relief for every single family we serve.”, Founded in 2007, Schexnayder’s is the only grocery store in Vacherie, Louisiana, providing access to fresh produce and other foods for the town’s 6,000 residents and a cluster of neighboring small communities. “Our goal has always been staying connected to those within our community,” says Reulet. In addition to these investments, Bank of America operates a $1.6 billion CDFI portfolio with 255 partner CDFIs across all 50 states, providing access to capital to thousands of individuals and small businesses who do not qualify through traditional lenders.
The funding and grants announced today will be provided to CDFI loan funds and CDFI- and minority-owned banks. Click here to download a PDF version of this infographic. MLPF&S is a registered broker-dealer, registered investment adviser, Member SIPC and a wholly owned subsidiary of BofA Corp. Trust and fiduciary services are provided by Bank of America Private Bank, a division of Bank of America, N.A., Member FDIC, and a wholly-owned subsidiary of Bank of America Corporation (“BofA Corp.”). Greater Washington, D.C. > industry. Greater Los Angeles, CA. learn More about Breaking the cycle and ending hunger, See how we're helping service members and veterans make the transition to civilian life...
CDFIs, also known as local loan centers, are small and typically not-for-profit providers of loans and technical assistance with a mission of serving low- and moderate-income communities. Any opinions expressed herein are given in good faith, are subject to change without notice, and are only correct as of the stated date of their issue.
CDFIs, along with consulting from our small business bankers, offer another way for small business owners to achieve their goals and grow their businesses. Select a Partnering Locally Country to view topics, Select a Partnering Locally State to view topics, Viewing Partnering Locally content for All States, View Partnering Locally Topic: Arts & Culture, View Partnering Locally Topic: Basic Human Services, View Partnering Locally Topic: Better Money Habits ®, View Partnering Locally Topic: Responsible growth, View Partnering Locally Topic: Investing in women, View Partnering Locally Topic: Global Ambassadors, View Partnering Locally Topic: Global Programs, View Partnering Locally Topic: Hunger Relief, View Partnering Locally Topic: Neighborhood Builders ®, View Partnering Locally Topic: Neighborhood Preservation, View Partnering Locally Topic: Service Members & Veterans, View Partnering Locally Topic: Small Business Support, View Partnering Locally Topic: Student Leaders ®, View Partnering Locally Topic: Supporting People with Disabilities. > CDFIs include credit unions, investment funds and niche banks that focus on low-income and disadvantaged communities. Securities, strategic advisory, and other investment banking activities are performed globally by investment banking affiliates of Bank of America Corporation ("Investment Banking Affiliates"), including, in the United States, BofA Securities, Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, and Merrill Lynch Professional Clearing Corp., all of which are registered broker-dealers and Members of SIPC, and, in other jurisdictions, by locally registered entities. Dallas, TX, > 2 Federal Reserve Small Business Credit Survey, 2018, We would appreciate having your voice in the Small Business Community. Small businesses need funding to help keep their employees, pay their bills and, in many cases, keep the lights on. Any opinions expressed herein are given in good faith, are subject to change without notice, and are only correct as of the stated date of their issue.Content contained herein may have been produced by an outside party that is not affiliated with Bank of America or any of its affiliates (Bank of America).
about Breaking the cycle and ending hunger, Small Business Support: CDFI Loans to Rebuild & Recover, >
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