Community Development Bankers Association

Release: The Community Development Bankers Association (CDBA) acknowledges the recent federal court ruling on the CFPB’s Section 1071 final rule. "We stand by our commitment to ensuring that all small businesses are fairly and well served," says Jeannine Jacokes, CEO of CDBA. "While concerns remain about certain provisions, CDBA members are ready to demonstrate their strong track records of supporting underserved communities." Read our full statement here: https://lnkd.in/e8y4kWmv

Job alert at one of our member banks!

Congratulations to Industrial Bank for celebrating 90 years of service. For 9 decades Industrial Bank has been helping customers such as Verelyn Gibbs Watson, a Nothing Bundt Cakes franchise owner, to achieve their dreams!

Congratulations to Industrial Bank on celebrating 90 years of unwavering service to the community! Since its founding in 1934 by Jesse H. Mitchell, Industrial Bank has grown from a small operation with just six employees to one of the top five largest Black-owned banks in the U.S. Over the decades, the bank has played a crucial role in providing financial services and opportunities to underserved communities, particularly during times when access to such services was limited due to widespread discrimination. From navigating the challenges of the Great Depression and the Civil Rights Movement to expanding its reach into new markets like New Jersey and Harlem, Industrial Bank has consistently demonstrated resilience and commitment to economic empowerment. Community Development Bankers Association (CDBA) was honored to join the celebration at the Howard Theater last night. Here's to many more years of success, impact, and community building!

Don't miss out on this great learning opportunity from Partners for the Common Good.

Help Us Bring CDBA to SXSW 2025! We have an incredible opportunity to showcase the transformative impact of community development banking at SXSW 2025, but we need your vote to make it happen! SXSW is one of the most influential conferences globally, offering a platform to share our mission with a diverse and engaged audience. Our panel, "Do-Good Banks: Transforming Black Communities with Impact," features: 🔹 Lorenzo Lewis - Founder and CEO of The Confess Project, empowering Black communities through mental health advocacy. 🔹 Devean George - Former NBA champion and CEO of George North Group, creating economic opportunities and affordable housing in underserved areas. 🔹 Jeannine Jacokes - CEO of CDBA/Partners for the Common Good. 🔹 Rob Blackwell - Chief Content Officer & Host of IntraFi’s Banking with Interest podcast, who will moderate the discussion. ⏳ Voting ends this Sunday, August 18 – time is running out! Please take a moment to cast your vote and help us amplify these critical voices of change. 👉 Vote Now: https://lnkd.in/dDUARjUd Thank you to everyone who has already voted! Your support is making a difference. #CDBA #SXSW #CommunityDevelopment #ImpactBanking #VoteNow #DoGoodBanks

Be sure to signup for this important webinar on participation lending! https://lnkd.in/dFwRbKSq

Our proposed SXSW panel, "Do-Good Banks: Transforming Black Communities with Impact," will shine a spotlight on the crucial role community development banks play in driving economic growth and social change in underserved communities. We are proud to highlight the impactful relationships that Sunrise Banks and Southern Bancorp have forged with social entrepreneurs, working together to create meaningful change in Black communities. SXSW (South by Southwest) is one of the most influential conferences and festivals in the world, held annually in Austin, Texas. It brings together thought leaders, innovators, and creative professionals from various industries to share ideas, showcase new initiatives, and explore the future of technology, culture, and more. This global event attracts thousands of attendees, offering a platform to reach a diverse and engaged audience. The panel will feature inspiring speakers, including: - Lorenzo P. Lewis, Founder and CEO of The Confess Project , which uses mental health awareness and advocacy to empower Black communities. In collaboration with Southern Bancorp. - Devean George, Former NBA champion and CEO of George North Group, who is leveraging his platform to create affordable housing and economic opportunities in underserved areas. In collaboration with Sunrise Banks. Create an account and vote here: https://lnkd.in/dDUARjUd We're excited about this opportunity to share these stories at SXSW 2025, and we need your support! Please take a moment to vote for our panel and help us amplify these voices of change. Voting ends on August 18th. #SXSW2025 #CommunityDevelopment #EconomicGrowth #SocialImpact #DoGoodBanks

🌍Empower Communities at SXSW 2025: Vote for "Do-Good Banks: Transforming Black Communities with Impact" 🌍 We’re excited to share that our panel, featuring Lorenzo P. Lewis of The Confess Project , Devean George of George North Group, Jeannine Jacokes of CDBA/Partners for the Common Good, along with Rob Blackwell, Chief Content Officer & Host of IntraFi’s Banking with Interest podcast, is vying for a spot at SXSW 2025. This panel will spotlight how banks such as Sunrise Banks and Southern Bancorp are forming impactful relationships with social entrepreneurs to create meaningful change in Black communities. 🗳️ Your Vote Matters! 🗳️ Create a free account on the SXSW PanelPicker platform and up-vote our panel "Do-Good Banks: Transforming Black Communities with Impact." 🔗 Click here to vote: https://lnkd.in/dDUARjUd Voting Deadline: August 18—don’t miss this opportunity to bring these powerful stories to a global stage. Together, we can amplify the voices and partnerships that are driving real change. Every vote counts—let’s make an impact at SXSW! #DoGoodBanks #SXSW2025 #BlackCommunityImpact #CommunityDevelopment #SocialImpact

Two years ago, Senators Mark Warner and Mike Crapo launched the bipartisan Senate Community Development Finance Caucus. This initiative has played a significant role in empowering CDFIs and MDIs to expand their impact in underserved communities. We’re proud to continue supporting this crucial work, fueling growth and opportunity in low-income areas across the nation. Here's to two years of progress and many more to come! https://lnkd.in/eXyQaFUF   #CommunityDevelopment #CDFIs #MDIs #BipartisanLeadership