
The Mission: The Fund works to foster a stronger banking system with greater reach by investing in and providing technical services to mission-driven banks that offer credit and financial services to low- and moderate-income and underserved communities.
Our Impact Objectives
Drive growth and financial resiliency in the mission-driven bank sector, translating into demonstrated progress in wealth creation in these communities.
The Investible Market
Over 300 mission-driven banks across the country, including Minority Depository Institutions (MDIs) and Community Development Financial Institutions (CDFIs), play a critical role in expanding access to credit and financial products to these communities. They help open pathways to wealth-building and income-generating opportunities, such as owning a home, expanding a small business, and buying land, for people and families who have otherwise had challenges accessing the financial system.
The Strategy
We invest across the capital structure to align with the needs of the investees. The investments could include equity, subordinated debt, direct credit facilities, deposits, and structured or securitized investments. We also support the mission-driven bank ecosystem through strategic investments in technology platforms and other companies that directly enable the sector’s growth and resilience.
Our objective is to execute the Mission Driven Bank Fund's mission with the support of our partners, Calvert Impact and Strategic Value Bank Partners.
Please visit Mission Driven Bank Fund to learn more.