CDFI Lenders in Minnesota
Minnesota has 33 federally certified Community Development Financial Institutions — 27 loan funds, 4 credit unions, 1 bank or thrift, 1 bank holding company. 3 are certified Native CDFIs serving Native American communities.
Most lenders are concentrated in Minneapolis (8), Saint Paul (7), Duluth (4).
Largest CDFIs in Minnesota
Ranked by total assets (NCUA / FDIC data).
- 1.$2.72B
Sunrise Banks, N.A.
St Paul, MN · Bank or Thrift
- 2.$815.1M
Mid Minnesota Federal Credit Union
Baxter, MN · Credit Union
- 3.$158.9M
Minnesota Power Employees Credit Union
Duluth, MN · Credit Union
- 4.$114.3M
NorthRidge Community Credit Union
Hoyt Lakes, MN · Credit Union
- 5.$66.0M
Embarrass Vermillion FCU
Aurora, MN · Credit Union
Native CDFIs in Minnesota
Lenders certified specifically to serve Native American, Alaska Native, and Native Hawaiian communities.
Lenders that offer grants in Minnesota
These CDFIs offer grant programs in addition to loans.
Frequently asked questions about CDFIs in Minnesota
How many CDFIs are in Minnesota?
There are 33 Treasury-certified CDFIs headquartered in Minnesota, including 27 loan funds, 4 credit unions, 1 bank or thrift, 1 bank holding company.
What's the largest CDFI in Minnesota?
By total assets, the largest CDFI in Minnesota is Sunrise Banks, N.A. ($2.72B in assets).
Are there Native CDFIs in Minnesota?
Yes — Minnesota is home to 3 certified Native CDFIs serving Native American, Alaska Native, or Native Hawaiian communities.
How do I qualify for a CDFI loan in Minnesota?
Eligibility varies by lender, but CDFIs generally serve low- and moderate-income borrowers, small businesses, and underserved communities. Open a lender's page below to see its specific eligibility criteria, loan products, and how to apply.
All 33 CDFIs in Minnesota
African Development Center
Minneapolis, 55454--125
African Economic Development Solutions
St Paul, 55104--280
Community Neighborhood Housing Services
St Paul, 55103--191
Community Reinvestment Fund, Inc
Minneapolis, 55402--253
Embarrass Vermillion FCU
Aurora, 55705
First Children's Finance
Minneapolis, 55401
Greater Minnesota Housing Fund
St. Paul, 55101--131
Habitat for Humanity of Minnesota, Inc.
St. Paul, 55114
Hmong American Partnership ECDC
Saint Paul, 55103
Indian Land Capital Company LLC
Little Canada, 55117--152
Initiative Foundation
Little Falls, 56345--300
Latino Economic Development Center
Saint Paul, 55106
Metropolitan Consortium of Community Developers
Minneapolis, 55407--153
Metropolitan Economic Development Association
Minneapolis, 55411--263
Mid Minnesota Federal Credit Union
Baxter, 56425--855
Midwest Minnesota Community Development Corporation
Detroit Lakes, 56501--303
Minnesota Power Employees Credit Union
Duluth, 55802--219
Mni Sota Fund
Minneapolis, 55404
NeDA Centro de Finanzas LLC
SAINT PAUL, 55107--114
NEIGHBORHOOD DEVELOPMENT CENTER
SAINT PAUL, 55104--509
Neighborhood Housing Services of Duluth, Inc.
Duluth, 55805--187
Northeast Entrepreneur Fund, Inc.
Duluth, 55802--197
Northland Foundation
Duluth, 55802--194
NorthRidge Community Credit Union
Hoyt Lakes, 55750--112
Northwest Minnesota Foundation
Bemidji, 56601--311
Propel Nonprofits
Minneapolis, 55414--103
Shared Capital Cooperative
Saint Paul, 55114--176
Sunrise Banks, N.A.
St Paul, 55103--207
TCHFH Lending, Inc.
St. Paul, 55104--342
The Sunlight Loan Fund, LLC
Minneapolis, 55414--248
University Financial Corp.
Saint Paul, 55114--102
White Earth Investment Initiative
Ogema, 56569--006
Womenventure
SAINT PAUL, 55102--461