NCB is not your typical financial institution. We have an uncommon mandate to ensure our efforts benefit those most in need. In partnership with our affiliate, NCB Capital Impact, we have provided more than $4 billion in capital to support underserved communities and cooperative expansion initiatives. And, our impact is all thanks to your investment in NCB.
2009
In 2009 NCB has provided capital through both direct lending, investments and our facilitation of creative transactions which directly support low- to moderate-income communities in the following impact sectors.
Housing
$118,026,496 for housing cooperatives and affordable housing initiatives nationwide.
Health Care
$84,502,067 to preserve and expand affordable healthcare and behavioral care for low-income families through community-based health centers.
Education
$73,304,407 for charter school facilities.
Small Business
$35,037,285 to support small businesses including our participation in the SBA loan program.
Business Cooperatives
$32,546,210 to support independent business owners competing against national chains.
Community Organizations & Nonprofits
$45,909,956 to finance organizations focused on economic development and social and cultural enrichment.
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