Our Values
To address the discrimination and disinvestment in low- to moderate-income and minority urban communities, we put our customers and community FIRST and we think BIG picture. We are intentional about aligning with values-based private and public partners.
- We are a certified Community Development Financial Institution (CDFI)
- At least 60% of our lending targets low-to-moderate income communities
- Received an “Outstanding” Community Reinvestment Act (CRA) Rating in September 2022, for our community development lending from 2019 through 2021
- We are a designated, Black-led, Minority Depository Institution (MDI)
- Majority African American led via our Board and Management team
- Serving majority minority urban communities
- We are structured as a public Benefit Corporation
- One of only 2 publicly traded financial services companies that are benefit corporations
- We are a certified B Corp
- Best for the World™ for Customers in 2022
- We are a Member of Global Alliance for Banking on Values (GABV)
Certified B Corporation
B Corp Certification is a unique designation, reflecting a business’ measured participation in the global movement for an inclusive, equitable and regenerative economy; and accountability for meeting standards of social and environmental impact.
Certified Community Development Financial Institution
As a COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION, we provide affordable access to financial products and services that expand economic opportunity for local residents and businesses, in low-income communities.
Member, Global Alliance for Banking on Values
The Global Alliance for Banking on Values is an international network of banking leaders who use finance as a pathway for sustainable economic, social and environmental development.
Designated Minority Depository Institution
CityFirst is an FDIC-insured Minority Depository Institution, designed to serve underserved minority, low- or moderate-income. We share a common goal with other mission-driven banks to provide safe, affordable and vital financial products and services and are led by a majority African American board of directors.
Public Benefit Corporation
A benefit corporation is a legal structure that creates a sustainable foundation for long term mission alignment; value creation and general, material, positive impact on the society and environment. It’s also a commitment to higher standards of purpose, accountability and transparency.