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Community development bank
Community Development Banking in the United States
In the
United States
,
community development banks
(CDBs or CDFI Banks) are
commercial banks
that operate with a mission to generate economic development in low- to moderate-income (LMI) geographical areas and serve residents of these communities. In the United States, community development banks are certified as such by the
Community Development Financial Institutions Fund
, a department within the
U.S. Department of the Treasury
.
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