The Mission Driven Bank Fund is proud to support the financial and technical assistance needs of Minority Depository Institutions (MDIs) and Community Development Financial Institution (CDFI) banks committed to closing the racial wealth gap. This portfolio page will be updated as more investments are made.
Portfolio
Anchor Bank
Anchor Bank is a Florida-chartered Minority Depository Institution, operating in South Florida since 2005. The bank predominantly serves the Hispanic community in Palm Beach, Broward and Miami-Dade Counties, through its branches located in Lakeworth, Boca Raton, Hallandale and Coral Gables, as well as its corporate headquarters in Palm Beach Gardens. The Bank offers a full range of comercial and consumer banking services and is committed to supporting local businessess by offering them a variety of lending options that meet their unique needs.
Embassy National Bank
Embassy National Bank, is an MDI serving primarily South Asian communities throughout the state of Georgia.
Embassy National Bank was founded in 2007 by a group of professionals with backgrounds in finance, banking, and hospitality to meet the needs of the greater Atlanta communities including Lawrenceville, Duluth, Suwanee, and Norcross. Their team of local experts supports the bank's mission to be a community partner small businesses want and neighbors need.
Legacy Bank and Trust
Legacy Bank and Trust, is a CDFI bank with locations in Missouri, Oklahoma, and Texas, and affordable housing and community development lending niches prioritizing majority minority communities, American Indian reservations, and persistent poverty counties across the country.
Since Legacy Bank and Trust first opened its doors in 1907, their vision has been to surpass standards in banking for their customers as well as local businesses, so they can help their communities thrive. Legacy Bank and Trust, and its holding company, Ozarks Heritage Financial Group, Inc., are certified-CDFIs that exist to serve as a financial leader in economic and community development through the provision of financial products and services that create economic opportunities for underserved populations on both a local and national level.
Neighborhood National Bank
Neighborhood National Bank (NNB) was the first nationally chartered CDFI bank in the country, and is the only CDFI bank in San Diego County. NNB’s mission is to provide financial services to minority-owned, women-owned, and veteran-owned small businesses in low and moderate income communities in Southern California. NNB is excited to take advantage of new capital from the Mission Driven Bank Fund to grow the Bank, implement new infrastructure investments in technology, and hire new banking talent.
Priority Bank
Priority Bank is a CDFI bank serving Ozark and Northwest Arkansas communities since 1993. Priority Bank’s focus is rural, small business, and affordable housing mortgage loans.
Priority Bank has a dedicated mortgage lending division that assists low-to-moderate income customers to obtain fixed rate FHA, VA, USDA and conventional loans. Priority Bank’s Mortgage Loan Division was named CitiScapes “Best Mortgage Services” in 2021. In addition to the mortgage loan staff, Priority Bank has a commercial loan division that focuses on non-conforming mortgage, construction, investor, small business and consumer loans. Between the two divisions, Priority Bank is able to provide the needed financial tools its customers desire in the communities it serves.
