Accion Chicago is pleased to offer many opportunities for CRA-eligible activity to its partners in the financial services arena. As a certified Community Development Financial Institution (CDFI) in Illinois and Indiana, Accion promotes community development through small business activities for low-income individuals or geographies that qualify for all three aspects of CRA examinations: Lending, Investment and Service.
Opportunities for partnership in your community could include:
- Grants for Accion Chicago general operations or loan pool
- EQ2 Investments
- Full participation of selected loans originated by Accion in low-income census tracts
- Participating on an Accion committee to share financial or technical expertise
- Volunteering at an Accion client-coaching event
Partnering with Accion is an excellent avenue for our banking partners to invest in their communities and a proven source of favorable CRA consideration from regulating agencies.
For more information or questions please contact Damon Winters at (312) 924-2156.