What it Means to be a Community Development Financial Institution
Hopewell Federal Credit Union has received our certification to be a Community Development Financial Institution. This means we are committed to serving economically disadvantaged individuals in underserved communities. CDFIs, certified by the U.S. Department of the Treasury’s CDFI Fund, invest locally, offering vital financing often unavailable elsewhere. To become certified, institutions must prioritize community development, provide financial services, target low-income markets, ensure community accountability, and operate as non-governmental entities.
CDFIs, like Hopewell Federal Credit Union, prioritize community needs and local economic growth. Serving as vital financial hubs, CDFIs support businesses, foster job creation, and revitalize neighborhoods nationwide. At Hopewell Federal Credit Union, we're dedicated to empowering individuals and businesses in historically underserved communities, enabling them to participate fully in the mainstream economy. Choose Hopewell Federal Credit Union as your premier CDFI, dedicated to fostering local growth and economic development.
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