CDFI Portfolio

Community Development Finance Institutions (CDFIs)

Swift Foundation has made deposits in the following banks, all of which are federally insured and accredited institutions up to $250,000. We strongly encourage foundations to move their cash into CDFI’s, of which these are just a few examples.

Amalgamated Bank

Amalgamated Bank is the largest B Corp certified bank in the United States. It became a publicly traded company in 2018. Their mission is to be the financial institution for progressive people and organizations: those who are working and living to make the world more just, more compassionate, and more...

Beneficial State Bank

Beneficial State Bank is a state-chartered, deposit-taking, federally insured, for-profit banking organization headquartered in Oakland, Calif. Founded as a social enterprise bank in 2007, Beneficial State Bank has grown organically and through aligned acquisition to serve the three West Coast states. Beneficial State Bank holds to a triple bottom-line of...

Community Bank of the Bay

Community Bank of the Bay offers sustainable financing to green projects and businesses and deposit accounts that promote environmental sustainability. The bank is locally owned and operated. Its focus is on the local community and on providing financing to small businesses and non-profits so they in turn can create jobs....

Lakota Federal Credit Union

Serving the Pine Ridge Reservation, the Lakota Federal Credit Union opened in November 2012 with the goal of creating a financially inclusive economy. With $3.5 million in deposits, it has disbursed $2.2 million in loans and provided quality financial services to more than 1, 800 members, the Oglala Lakota, to...

Latino Community Credit Union / Cooperativa Latino

Latino Community Credit Union was founded in 2000 to service Latino immigrants in Durham, North Carolina. With $200 million in assets, 62, 000 members and 10 branches, its mission is to provide ethical financial products and education in order to empower communities. The credit union provides bilingual, personalized culturally appropriate...

Resources

Divest Invest

Divest-Invest Philanthropy is a platform for institutions that follows the lead of student and community-driven fossil fuel divestment and new energy economy reinvestment. Together, we are holding fossil fuel industries accountable for their obstruction of climate policy solutions, investing for public good and financial performance, and accelerating the growth of a sustainable and equitable economy. Swift Foundation signed Divest Invest pledge in 2016.

Slow Money Institute

Slow Money Institute is a non-profit organization dedicated to catalyzing the flow of capital to local food systems, connecting investors to the places where they live and promoting new principles of fiduciary responsibility that “bring money back down to earth.”

Business Alliance for Local Living Economies

The BALLE vision is to create local economies that work for all. Their work is grounded in deep engagement through their Local Economy Leadership Network, where they bring people together across sectors in both the U.S. and Canada who are activating their Local Economy Framework to create healthy and equitable communities. As an organization they represent communities, convenors, entrepreneurs, investors and funders who are defying business as usual.

Transform Finance

The Transform Finance Investor Network is a community of practice for asset owners and other finance practitioners exploring how to deploy capital for social change in accordance with the principles of transformative finance.

Mission Investor Exchange

Mission Investors Exchange an impact investing network for foundations dedicated to deploying capital for social and environmental change.