FNBC Bank.< >
To achieve CDFI certification.< >
FUND Consulting worked with FNBC Bank, a rural financial institution with a community development focus, in 2015 to help the bank achieve status as a certified CDFI. The project started with a CDFI Readiness Assessment which assessed FNBC’s compliance with all CDFI tests. Once the assessment was completed, FUND Consulting worked with FNBC to ensure it meets all the certification requirements. The project concluded with the completion and submission of a CDFI certification application. The bank received CDFI certification in 2016, and is now a member of the FUND Consulting strategic package cohort.