University Bank is the first bank in Minnesota to become a Community Development Financial Institution (CDFI). Across the country, there are fewer than 50 of these specialized, insured financial institutions whose objective is to serve economically disadvantaged markets. That objective connects with University Bank's own mission to be the leader in improving the Minneapolis/Saint Paul urban community.

"Banking with a CDFI organization allows you to become a direct supporter of important development projects for our communities in need," says University Bank President David Reiling. "By leveraging the deposits you, as customers, make available and through financial support from the CDFI Fund, University Bank can expand the amount of resources available to our community."

The CDFI Fund was created by the U.S. Treasury to expand the capacity of such institutions to provide capital, credit and financial services in under-served markets. University Bank continues to be the recipient of such financial awards — allowing us to pass more capital along to our distressed communities in the form of rehabilitation and development loans.To maintain its status as a CDFI, University Bank pledges to:

• support a primary mission of community development,
• serve a distressed target market or under-served population,
• provide financing and development services to that population.

If you are not a University Bank customer, make a deposit today and support community development in the Twin Cities.