LCDB acknowledges 10 years of service to the community

A Bank with the Single Mission of Improving the Quality of Life
for Louisville's Inner City Residents

    

The Louisville Community Development Bank (LCDB)  is a shareholder-owned, for-profit, FDIC-insured, commercial bank. The bank's shareholders include local banks, local corporations, foundations and individuals committed to serving the financial needs of the bank's Investment Area. The bank provides loans to local area residents and businesses to create new jobs and support owner occupied housing in the Investment Area.

 

Saving with LCDB is just like saving at any other bank. Anyone may purchase a Certificate of Deposit (CD) to help create opportunities for new businesses, jobs and housing in the Investment Area.

 

While all of the Bank's CDs are "socially responsible" investments, The Community CD most effectively carries out the Louisville Community Development Bank's mission. With a minimum investment of $200 and a lower interest rate, selected by the customer, the Community CD gives the Bank the ability to use the foregone interest to support community development programs.

 

Creating a better quality of life for inner city residents is the goal of LCDB and its depositors.  Reaching this goal requires a long-term commitment to stimulating economic growth and facilitating the expansion of opportunities for all. This commitment is shared by the Bank's many partners including other banks, local governments, organizations, businesses and individuals -- all working together to plant the seeds of growth and opportunity in Louisville's inner city.