Community commitment

Make a Difference in Your Community

There is an easy way to support your community – simply by opening a bank account. How does it work? When you deposit money into a bank, your deposit provides funding the bank can use to make loans to local businesses and individuals.

Find a bank

Where you bank makes a difference

When you support a values-based institution, you can help make communities stronger. You can deposit money into a community development financial institution (CDFI) bank, a minority depository institution (MDI), a bank belonging to the National Bankers Association (NBA), or a bank belonging to the Community Development Bankers Association (CDBA).

of CDFIs are
on the IntraFi network

of MDIs are
on the IntraFi network

Advancing Communities Together℠ Deposit Program

This special program developed in cooperation with the CDBA and NBA, aims to bolster funding for community lending while offering depositors access multi-million-dollar aggregate FDIC insurance at network banks through a single bank relationship. Funds placed with a participating bank will be used to make loans to local businesses and individuals — helping to make communities stronger.

Learn more

A list identifying IntraFi network banks can be found here. IntraFi is not an FDIC-insured bank, and deposit insurance covers the failure of an insured bank. Certain conditions must be satisfied for “pass-through” FDIC deposit insurance coverage to apply.

Chosen by

3K+

Financial Services Organizations

Our reciprocal solutions help keep locally sourced deposits in local institutions, which in turn helps drive economic growth in communities throughout the U.S.

The ACT Deposit Program created a secure and efficient way for community development banks to attract and retain large institutional deposits

Jeannine Jacokes

Chief Executive Officer

Community Development Bankers Association

It’s fair to say that [IntraFi’s] deposit placement services provide a lifeline to minority-owned banks by enabling our members to attract large deposits from civic-minded and socially motivated investors and to put those deposits to work in communities we serve.

Michael Grant

Former President

National Bankers Association

Offering CDARS has been instrumental in helping us fulfill our mission of building the economic health of the underserved communities in the Washington, DC area. We have been able to address the investment policy constraints of many of our socially motivated investors - not-for-profits, foundations, and public agencies - by offering access to multi-million-dollar levels of FDIC insurance coverage so critical to these depositors. In turn, we are able to put these large-dollar deposits to work in the communities that need it the most.

Kimberly Levine

EVP Chief Operating Officer and Chief Financial Officer

City First Bank of D.C.

By utilizing the CDARS and ICS services, Community Development Bankers Association (CDBA) member banks have successfully gathered deposits to help underserved communities. These services help the banks to offer their customers access to multi-million-dollar FDIC insurance.

Jeannine Jacokes

Chief Executive and Senior Policy Advisor

Community Development Bankers Association

One of the most powerful aspects of our relationship with [IntraFi] is our ability to attract depositors who believe what we believe - believe that placing capital in an institution that is focused on making a difference in the community is a worthwhile practice. But they want to do so with a fair rate, without additional risk. [IntraFi] has provided, if you will, a wonderful tool for us to fund the expansion of the bank. As we grow the scale of the bank, what we do is grow our capability, our capacity, to be able to lend back into the community. And that’s what it’s really all about, so that we can lend back into the community and really make a difference with these underlying businesses.

Brian Argrett

President and CEO

City First Bank of D.C.

IntraFi Insights

Get in Touch

A list identifying IntraFi network banks can be found at www.IntraFi.com/network-banks.

Deposit placement through an IntraFi service is subject to the terms, conditions, and disclosures in applicable agreements. Deposits that are placed through an IntraFi service at FDIC-insured banks in IntraFi’s network are eligible for FDIC deposit insurance coverage at the network banks. The depositor may exclude banks from eligibility to receive its funds. To meet the conditions for pass-through FDIC deposit insurance, deposit accounts at FDIC-insured banks in IntraFi’s network that hold deposits placed using an IntraFi service are titled, and deposit account records are maintained, in accordance with FDIC regulations for pass-through coverage. Although deposits are placed in increments that do not exceed the FDIC standard maximum deposit insurance amount (“SMDIA”) at any one bank, a depositor’s balances at the institution that places deposits may exceed the SMDIA before settlement for deposits or after settlement for withdrawals or be uninsured (if the placing institution is not an insured bank). The depositor must make any necessary arrangements to protect such balances consistent with applicable law and must determine whether placement through an IntraFi service satisfies any restrictions on its deposits.