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Community Capital Bank
Brooklyn NYCDFI Awards for Community Capital Bank
BEA (2006) - $500,000
Community Capital Bank has been selected to receive an award of $500,000 through the FY 2006 round of the Bank Enterprise Award Program for its support of the community through small business loans and commercial real estate loans to underserved areas of Brooklyn, New York. Community Capital Bank is a certified CDFI with $163 million in assets.
BEA (2004) - $1,500,000
Community Capital Bank received an award of $1.5 million for increasing its financing activities in economically distressed areas throughout New York City. The awardee also provided financial assistance to the following certified Community Development Financial Institutions (CDFIs): ACCION New York, Low Income Investment Fund, Nonprofit Finance Fund, and the Renaissance Economic Development Corporation.
BEA (2002) - $198,000
Community Capital Bank of Brooklyn, New York, received an award of $198,000 for CDFI Support Activities with the following certified CDFIs: Community Bank of the Bay, Fort Gibson State Bank, Legacy Bank, United Bank and Trust Co., Unity National Bank of Houston, and University National Bank.
BEA (1999) - $423,412
Community Capital Bank of Brooklyn, New York, a certified Community Development Financial Institution (CDFI), received an award of $423,412 for increasing its commercial real estate and small business lending within several distressed communities throughout New York City. Community Capital Bank also increased its financial support to other CDFIs by making deposits in Louisville Community Development Bank and Central Bank of Kansas City.
BEA (1998) - $143,415
Community Capital Bank, a certified CDFI, was awarded $143,415 for increasing its multifamily housing rehabilitation, small business, and non-profit lending in Brooklyn and New York City. In addition, Community Capital Bank made a below-market deposit in The South Shore Bank of Chicago, also a certified CDFI.
BEA (1997) - $168,796
Community Capital Bank was awarded $168,796 for increasingly providing commercial loans and loans for multi-family housing within the most distressed neighborhoods in New York City. Community Capital Bank, a certified CDFI, financed $1,575,000 in multi-family housing permanent mortgages, $700,000 in commercial real estate construction financing and business loans totaling $1,023,966. Community Capital Bank is committed to helping to meet the needs of its customers and the communities it serves by providing quality banking services and credit products. The Bank especially seeks lending opportunities that benefit low and moderate income people.
BEA (1996) - $215,461
Community Capital Bank, a certified CDFI, is using its award to increase its capacity to make loans in distressed communities. Activities toward this end include increasing loan staff and improving accounting controls with the assistance of an outside consultant. In addition, the award has helped the bank maintain its preferential interest rates on loans made to non-profit organizations.
(0) - $0
Other Community Development Financial Institutions in New York
AAFE Community Development Fund
New York
ACCION New York
New York
Adirondack Economic Development Corporation
Saranac Lake
Akwesasne Indian Housing Authority
Hogansburg
BOC Capital Corp.
Brooklyn
Carver Federal Savings Bank
New York
CDCLI Funding Corporation, Inc.
Centereach
Citibank NMTC Corporation
New York
Commercial and Industrial Capital Corporation
Staten Island
Credit, Inc.
Bronx
GS New Markets Fund
New York
HEDC New Markets, Inc
New York
Home Headquarters, Inc.
Syracuse
Iroquois Venture Corporation
Hogansburg
JobStart Chautauqua, Inc.
Mayville
MSD New Markets, Inc
New York
Nos Quedamos
Bronx
NYCB Community Development Corp
Westbury
Progressive Neighborhood FCU
Rochester
Project Enterprise
New York
Seedco
New York
Seedco Financial Services
New York
Seneca Nation of indians
Salamanca
Sephardic Angel Fund
Brooklyn
St. Charles Borromeo Church FCU
New York
The Disability Fund, Inc.
Albertson
UA, LLC
New York
Westchester Housing Fund, Inc.
Hawthorne
Women"s Venture Fund, Inc.
New York
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