CDFI

Communicating Impact to Stakeholders: Bridgeway Capital’s Success

In August I wrote about the inherent difficulty in measuring social impact.  Working at a Community Development Financial Institution (CDFI), communicating impacts to stake holders, both quantitatively and qualitatively, is a challenge.  Fortunately, it is a challenge that Bridgeway Capital, a CDFI in Pittsburgh, PA  has met with success.  As Bridgeway Capital celebrates its 20th anniversary, I look at …

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Urban Partnership Bank: A Rose By Any Other Name?

Urban Partnership Bank, the reincarnation of pioneer CDFI ShoreBank Corp, cut its workforce by 20% last week.  Is this a necessary evil to continue a good banking mission? ShoreBank, the Chicago-based community bank that since 1973 was a leader in the Community Development Financial Institution (CDFI) industry, was seized by the Federal Deposit Insurance Corporation (FDIC) on …

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