Office of Thrift Supervision

Partnership Opportunities and Programs

New York State Banking Department's Banking Development Districts Program
(Link to External Website)

The Banking Development Districts program provides incentives to financial institutions to locate in underserved communities. While an institution may see the long-term potential of branching into a newly served area, there is often the short-term concern that it may take a number of years before the branch can attract enough retail deposits to become viable. Incentives thus include municipal deposits at below-market rates and property tax exemptions, plus CRA consideration, workforce development and financial education assistance.

Community Development Venture Capital Alliance
(Link to External Website)

CDVCA is a network for the growing community development venture capital (CDVC) industry. CDVCA supports and promotes the CDVC industry through advocacy, investment, research, consulting and communications. CDVCA promotes using venture capital to create jobs, entrepreneurial capacity and wealth among low-income people and the economies of distressed communities. CDVCA represents more than 100 member organizations from across the country.

TRF - Capital at the point of impact
(Link to External Website)

TRF is a national leader in the financing of neighborhood revitalization. TRF identifies the point of impact where capital can deliver its greatest financial and social return. TRF’s investments in homes, schools and businesses help reclaim and transform neighborhoods, driving economic growth and improving lives throughout the mid-Atlantic region. Since its inception in 1985, TRF has made $500 million in community investments.

Financial Innovations Roundtable
(Link to External Website)

The goal of the Financial Innovations Roundtable is to extend innovation to the financial institutions and instruments needed for community development across the United States. The Roundtable includes 90 members in the field of finance and related areas. Participants include leaders from conventional financial institutions including banks, mortgage companies, insurance companies and investment firms, as well as leaders from public agencies, nontraditional lenders, foundations, pension funds, religious institutions and universities. The website includes extensive research and discussion among national experts on access to capital and access to financial services for low-income communities.

Community Reinvestment Fund
(Link to External Website)

CRF is a nonprofit corporation that helps community development lenders across the country meet their missions. CRF works with entities ranging from single-person nonprofit organizations to giant state agencies. CRF devises methods for tapping into the resources of the private capital markets to better the lives of people in America's low- to moderate-income communities.