Of the 4500 banks in the country, only 150 are certified by the United States Treasury as a CDFI. We’re proud to be one of them. This means we’re part of a unique subset of financial institutions that’s committed to double or triple bottom line service.
Since 1997, CBB has received the CDFI Fund Bank Enterprise Award (BEA) at least 18 times. The BEA program recognizes banks that back their mission with active investment in their communities.
In other words, the local and environmental values that are starting to be acknowledged as important today have always been important to us. We’ve been living these values for over 20 years. For example, during the recession in 2008, when other banks were pulling back on their lending and local businesses were paying the price, CBB was on the front lines here, working to develop the loans they needed to turn the tide. We don’t run away when things get tough. We’re committed to the success of the Bay Area.