The National Cooperative Bank is a
congressionally chartered cooperative bank
Cooperative banking is retail and commercial banking organized on a cooperative basis. Cooperative banking institutions take deposits and lend money in most parts of the world.
Cooperative banking, as discussed here, includes retail banking car ...
in the United States created by the National Consumer Cooperative Bank Act of 1978 (Pub.L. 95-351). National Cooperative offers banking products and services to cooperatives, their members and social organizations nationwide.
The bank was created to address the financial needs of an underserved market. NCB is an advocate for America's cooperatives and their members, placing special emphasis on serving the needs of communities that are economically challenged.
NCB has focused on community revitalization. The employment of the cooperative model in the development of business contains access to affordable health care and affordable housing.
Capital Impact Partners
Capital Impact Partners, or simply Capital Impact, is a congressionally chartered, District of Columbia nonprofit and certified community development financial institution that provides credit and financial services to underserved markets and popu ...
was the non-profit
community development financial institution A community development financial institution (US) or community development finance institution (UK) - abbreviated in both cases to CDFI - is a financial institution that provides credit and financial services to underserved markets and populations, ...
subsidiary of the NCB. It became a stand-alone organization in 2014.
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Banks of the United States
Cooperative banks in the United States
Banks established in 1978
American companies established in 1978
Global Alliance for Banking on Values
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