Community lenders · Minnesota
Data from November 2026
CDFIs and community banks in Minnesota
32 institutions based in Minnesota hold CDFI certification from the Treasury Department’s CDFI Fund.
Key numbers in Minnesota
- Certified CDFIs
- 32
- certified by the Treasury’s CDFI Fund
- Credit unions
- 2
- credit unions among the CDFIs
- Hispanic-owned banks
- 0
- Hispanic American owned, per the FDIC
What they are
What they are and how to use this list
These are the definitions of the agencies that certify them: the Treasury’s CDFI Fund and the FDIC. Being on the list is not our recommendation.
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What a CDFI is
It is a certification the Treasury’s CDFI Fund gives to specialized organizations that provide financial services in low-income communities and to people who lack access to financing. They can be banks, credit unions or loan funds.
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What a minority depository institution (MDI) is
The FDIC uses the term for an insured bank where minority individuals own most of the voting stock, or whose board is mostly minority and serves a mostly minority community. Here you see the ones the FDIC lists as Hispanic American owned.
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Before you choose
This list is not a recommendation. Each institution decides whom it serves, what it offers and on what terms. Ask about costs and compare before you sign.
According to CDFI certification (CDFI Fund)Minority depository institutions (FDIC)
The CDFI Fund’s list
CDFIs based in Minnesota
CDFI Fund list as of September 17, 2026. Many serve several states; here they appear by the state of their main office.
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African Development Center
Loan fund · Minneapolis
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African Economic Development Solutions
Loan fund · St Paul
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Community Neighborhood Housing Services
Loan fund · St Paul
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Community Reinvestment Fund, Inc
Loan fund · Minneapolis
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First Children's Finance
Loan fund · Minneapolis
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Greater Minnesota Housing Fund
Loan fund · St. Paul
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Habitat for Humanity of Minnesota, Inc.
Loan fund · St. Paul
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Hmong American Partnership ECDC
Loan fund · Saint Paul
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Indian Land Capital Company LLC
Loan fund · Little Canada Native CDFI
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INITIATIVE FOUNDATION IMPACT FUND
Loan fund · Little Falls
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Latino Economic Development Center
Loan fund · Saint Paul
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Metropolitan Consortium of Community Developers
Loan fund · Minneapolis
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Metropolitan Economic Development Association
Loan fund · Minneapolis
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Midwest Minnesota Community Development Corporation
Loan fund · Detroit Lakes
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Minnesota Power Employees Credit Union
Credit union · Duluth
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Mni Sota Fund
Loan fund · Minneapolis Native CDFI
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NeDA Centro de Finanzas LLC
Loan fund · Saint Paul
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NEIGHBORHOOD DEVELOPMENT CENTER
Loan fund · Saint Paul
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Neighborhood Housing Services of Duluth, Inc.
Loan fund · Duluth
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NEON BUSINESS FINANCE
Loan fund · Minneapolis, MN 55411
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Northeast Entrepreneur Fund, Inc.
Loan fund · Duluth
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Northland Foundation
Loan fund · Duluth
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NorthRidge Community Credit Union
Credit union · Hoyt Lakes
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Northwest Minnesota Community Impact Corporation
Loan fund · Bemidji
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Propel Nonprofits
Loan fund · Minneapolis
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Shared Capital Cooperative
Loan fund · Saint Paul
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Sunrise Banks, N.A.
Bank or thrift · St Paul
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TCHFH Lending, Inc.
Loan fund · St. Paul
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The Sunlight Loan Fund, LLC
Loan fund · Minneapolis
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University Financial Corp.
Bank holding company · Saint Paul
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White Earth Investment Initiative
Loan fund · Ogema Native CDFI
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Womenventure
Loan fund · Saint Paul
None match your search.
We do not recommend any institution. Check each one’s products, requirements and costs. Source: Certified CDFI list (CDFI Fund, Treasury) As of September 17, 2026 Certified CDFI list (CDFI Fund, Treasury) (external site)
Hispanic-owned banks
Hispanic American owned banks in Minnesota
The FDIC list has no Hispanic American owned banks based in Minnesota. Nationwide it has 14.
Source: Hispanic American owned minority depository institutions (FDIC) As of November 6, 2026 Hispanic American owned minority depository institutions (FDIC) (external site)
Frequently asked questions
Can a CDFI lend to me if I have little credit or use an ITIN?
It depends on each institution. CDFIs are certified for serving communities and people with little access to financing, but each sets its own rules. This list does not say what each one offers: ask them directly.
Why is an institution I know not listed?
The CDFI Fund list gives the state of the main office. Many institutions serve several states, so you can also search the CDFI Fund’s full list.
How current is this data?
The CDFI Fund list we use is from September 17, 2026, and the FDIC list from November 6, 2026. Both change when an institution gains or loses its status.