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We were awarded the highest Bank Enterprise Award by the U.S. Department of Treasury for our community development lending ten times! We are a designated Community Development Financial Institution (CDFI).
We have financed almost $1 billion in loans – most in low to moderate income communities such as South Central, Compton, Liberty City and Roxbury. However, we never participated in subprime lending. We have always maintained strong credit criteria.
Our growth has been organic and acquiring community banks across the country that are equally dedicated to our mission including – Founders National Bank of Los Angeles, Family Savings Bank in Los Angeles, California, Boston Bank of Commerce in Boston, Massachusetts and People’s National Bank of Commerce in Miami, Florida.
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