Key findings
- 561 of the 1,268 certified CDFIs (44%) are loan funds, the largest group, ahead of 364 credit unions. Louisiana (99), California (97), Mississippi (96) and Puerto Rico (83) are home to 30% of all headquarters. (CDFI Fund list)
- 493 of 865 verified CDFIs describe small-business loans on their own websites. Where they state a ceiling, the median is $250,000 (132 lenders); for microloans it is $50,000 (89 lenders). 54% link to an online application and 16% say they serve borrowers in Spanish. (lender websites)
- Only 162 of 865 verified CDFIs (19%) name the counties or towns where they lend; 216 name states only, 40 say they lend nationwide, and 413 state no service area on the pages we read. (lender websites)
- CDFI Fund award recipients reported 410,283 loans and investments worth $54.0 billion for FY2022, median $16,273. One masked reporter holds 33% of the records; without it the median is $55,000. (CDFI Fund TLR, FY2022)
- 264 certified CDFIs originated 101,638 home loans in 2025, 1.49% of all HMDA originations nationally, but 21.4% in Mississippi and 10.6% in Puerto Rico. (HMDA 2025)
- 257 certified CDFIs were lender, development company or third-party lender on 10,625 SBA 7(a) and 504 approvals in FY2020–FY2026; loan funds account for 48% of them. (SBA 7(a)/504 data as of 30 Sep 2026)
- 1,110 of today's 1,268 CDFIs have received $7.09 billion in CDFI Fund awards since 1996, 63% of it in rounds from 2020 on. Treasury's one-time Emergency Capital Investment Program put $6.69 billion into 127 of them. (CDFI Fund awards database, read 3 Nov 2026)
1. Who the CDFIs are
Loan funds make up 44% of the 1,268 certified CDFIs on the CDFI Fund's list as of 21 Oct 2026. Credit unions are the second-largest group (364), followed by banks or thrifts (180) and bank holding companies (154). 65 are flagged as Native CDFIs, 52 of them loan funds (all Native CDFIs).
| Type | Certified (share) | Native | Verified on website |
|---|---|---|---|
| Loan funds | 561 44% | 52 | 416 |
| Credit unions | 364 29% | 6 | 265 |
| Banks or thrifts | 180 14% | 4 | 139 |
| Bank holding companies | 154 12% | 3 | 40 |
| Venture capital funds | 9 1% | 0 | 5 |
| All types | 1,268 | 65 | 865 |
Where they are based
Headquarters are concentrated. The ten states and territories below hold 51% of all certified CDFIs; 10 of the 53 with at least one have fewer than five. Headquarters is not service area: see section 3 and the state pages.
| State or territory | Certified CDFIs | Share |
|---|---|---|
| Louisiana | 99 | 8% |
| California | 97 | 8% |
| Mississippi | 96 | 8% |
| Puerto Rico | 83 | 7% |
| New York | 76 | 6% |
| Texas | 53 | 4% |
| Tennessee | 41 | 3% |
| Alabama | 38 | 3% |
| Arkansas | 34 | 3% |
| Michigan | 34 | 3% |
Certification dates
599 of the 1,268 rows (47%) carry a certification date in 2025 or later, and none carries one in 2024. The list itself explains why: the CDFI Fund is reviewing applications on a rolling basis, “including pending applications from currently Certified CDFIs who were required to submit a revised CDFI Certification Application as part of the CDFI Certification policy changes effective December 2023.” A recent date is therefore not a sign of a new CDFI; it is the date the list gives.
| Date certified (as listed) | CDFIs | Share |
|---|---|---|
| 2015 or earlier | 306 | 24% |
| 2016–2019 | 156 | 12% |
| 2020–2023 | 207 | 16% |
| 2024 | 0 | 0% |
| 2025 | 111 | 9% |
| 2026 | 488 | 38% |
Source: U.S. Treasury, CDFI Fund: List of Certified CDFIs, as of 21 Oct 2026 (1,268 rows), downloaded 29 Oct 2026.
2. What they say they lend
Small-business lending is the product verified CDFIs describe most: 493 of 865 (57%). Their stated ceilings run high, with a median maximum of $250,000 across the 132 lenders that give one and a median minimum of $5,000. Household lending follows: personal loans (419), home mortgages (397) and auto loans (392).
| Product | Lenders (share of verified) | Median stated maximum | Median stated minimum |
|---|---|---|---|
| Small-business loans | 493 57% | $250,000 n=132 | $5,000 n=90 |
| Personal / consumer loans | 419 48% | $25,000 n=97 | $500 n=50 |
| Home mortgages | 397 46% | $300,000 n=29 | $15,000 n=15 |
| Auto / vehicle loans | 392 45% | $50,000 n=23 | — |
| Commercial real estate loans | 248 29% | $500,000 n=18 | — |
| Equipment loans | 182 21% | — | — |
| SBA-backed loans (7(a)/504/Community Advantage) | 139 16% | $5M n=26 | — |
| Microloans | 132 15% | $50,000 n=89 | $1,000 n=35 |
| Home repair / improvement loans | 132 15% | $30,000 n=23 | — |
| Credit-builder loans | 117 14% | $2,000 n=26 | $500 n=14 |
| Agriculture / farm loans | 104 12% | — | — |
| Affordable housing development loans | 104 12% | — | — |
| Small-dollar / emergency loans | 97 11% | $2,000 n=55 | $500 n=23 |
| Energy / solar / efficiency loans | 57 7% | — | — |
| Nonprofit / community facility loans | 53 6% | — | — |
| Equity / venture investment | 18 2% | — | — |
| Child-care facility financing | 17 2% | — | — |
| Immigration / citizenship loans | 7 1% | — | — |
By lender type
Lender type shapes the product mix. The widest gaps among verified lenders: small-business loans by 88% of bank holding companies, against 35% of credit unions; microloans by 28% of loan funds, against 2% of bank holding companies; home mortgages by 78% of banks or thrifts, against 15% of loan funds; personal loans by 89% of credit unions, against 10% of loan funds. Share of verified lenders of each type that describe the product:
| Type (verified lenders) | Small business | Microloans | Mortgages |
|---|---|---|---|
| Loan funds (416) | 59% | 28% | 15% |
| Credit unions (265) | 35% | 4% | 74% |
| Banks or thrifts (139) | 85% | 4% | 78% |
| Bank holding companies (40) | 88% | 2% | 78% |
Who they say they serve, and how
Borrower groups named on lender websites, by number of lenders: Low- and moderate-income / underserved (142), Startups (85), Nonprofits (78), First-time homebuyers (72), Minority / BIPOC (61), Veterans (47), Women (42), Native American / Alaska Native / Native Hawaiian (42). 470 verified lenders (54%) link to an online application. 139 (16%) say they serve borrowers in Spanish, and 12 name another language.
Related: CDFI small business loans, CDFI microloans, how big CDFI microloans are, CDFI vs credit union vs bank, ITIN and Spanish-language lenders.
Source: Lender websites: loan products, stated amounts, service areas, borrower focus, languages and application links read from 865 certified CDFIs' own websites, 29 Oct 2026–4 Nov 2026 (CDFI Atlas dataset; method).
3. Where they lend
Most CDFIs do not say precisely where they lend. Only 162 of 865 verified lenders (19%) name a county or town on their website, and 413 (48%) give no service area at all on the pages we read. 70 name at least one state other than their home state, so headquarters counts understate how many lenders serve a place.
| What the website says about service area | Lenders | Share of verified |
|---|---|---|
| Names counties or towns | 162 | 19% |
| Names states only | 216 | 25% |
| Several states, not listed | 4 | <1% |
| Nationwide | 40 | 5% |
| States an area we could not place | 30 | 3% |
| No service area on the pages we read | 413 | 48% |
A county or town counts only when its name also appears on the lender's own page. Those matches, with headquarters and branch locations, feed the 359 county pages and the ZIP search in the finder.
Source: Lender websites: loan products, stated amounts, service areas, borrower focus, languages and application links read from 865 certified CDFIs' own websites, 29 Oct 2026–4 Nov 2026 (CDFI Atlas dataset; method).
Where the branches are
607 certified banks, holding companies and credit unions run 3,425 walk-in offices. Mississippi (568), Louisiana (423), Florida (259), California (225), Texas (186) have the most. Offices counted once when a holding company and its bank are both on the list.
Source: FDIC BankFind Suite (assets as of 30 Jun 2026, office list as of 30 Oct 2026) and NCUA Call Report quarterly data (cycle 30 Jun 2026), downloaded 3 Nov 2026.
4. How much they lend
No public source counts all CDFI lending. Three federal datasets each see a part: the CDFI Fund's transaction reports from award holders, the SBA's loan files and the home-mortgage records filed under HMDA. Each figure below holds only for its own coverage, and they cannot be added up.
CDFI Fund transaction data, fiscal year 2022
774 organizations holding an active CDFI Fund award reported 410,283 loans and investments for fiscal year 2022, $54.0 billion in total, with a median of $16,273. Business credit is 52% of the records but 26% of the dollars; real-estate financing is 6% of the records and 33% of the dollars.
| Purpose (CDFI Fund category) | Count (share) | Total (share) | Median |
|---|---|---|---|
| Microenterprise (non-real estate) | 179,306 44% | $1.44B 3% | $5,000 |
| Business, other (non-real estate) | 35,076 9% | $12.4B 23% | $100,000 |
| Home purchase | 68,488 17% | $14.9B 28% | $156,296 |
| Home improvement | 59,142 14% | $4.97B 9% | $50,000 |
| Real estate construction and rehab (6 categories) | 26,105 6% | $18.0B 33% | $206,801 |
| Consumer (reporters other than banks and credit unions) | 19,345 5% | $58.6M <1% | $1,000 |
| Other, incl. loans to other CDFIs | 22,821 6% | $2.19B 4% | $24,067 |
| All purposes | 410,283 | $54.0B | $16,273 |
Of 117,594 individual borrowers whose income was reported, 56% had family income at or below 80% of the area median. CDFI banks and credit unions report consumer loans separately: 2,399,806 loans worth $31.7 billion in FY2022, 46% of them counted as serving a low-income targeted population (Consumer Loan Report, census-tract totals).
One masked reporter holds 33.1% of the FY2022 records and the two largest 36.7%. Without the largest, the median is $55,000 and the median microenterprise loan $15,000 (instead of $5,000). Only CDFIs with an active CDFI Program, Native American CDFI Assistance or Rapid Response award report, so this is not all certified CDFIs. Records per year (FY2018 180,512, FY2019 216,406, FY2020 296,435, FY2021 814,600, FY2022 410,283) swing with a few large reporters, so do not read them as a trend.
Source: U.S. Treasury, CDFI Fund: CDFI/NACA/CDFI RRP Program Award Recipient Data Release, Transaction Level Report and Consumer Loan Report public files, FY2022 release published 4 Dec 2024, downloaded 3 Nov 2026. Identity-masked by the CDFI Fund; nothing here is attributed to a lender. How we count.
SBA 7(a) and 504 approvals, FY2020–FY2026
257 certified CDFIs appear in the SBA's 7(a) and 504 loan files on 10,625 approvals from October 2019 to September 2026, cancelled approvals left out. By fiscal year: FY2020 1,284 · FY2021 1,593 · FY2022 1,430 · FY2023 1,472 · FY2024 1,709 · FY2025 1,710 · FY2026 1,427.
| Role of the CDFI | Approvals | Amount |
|---|---|---|
| 7(a) loans, as the lender (amount: gross amount approved) | 7,680 | $3.92B |
| 504 loans, as the Certified Development Company (amount: SBA-backed portion) | 2,209 | $2.20B |
| 504 projects, as the third-party (first-lien) lender (amount: third-party loan amount) | 736 | $752M |
Amounts leave out 101 lender roles with fewer than three approvals, so they are lower bounds.
Loan funds account for 48% of the approvals, banks and thrifts for 34%. The five most active CDFIs, AmPac Tri-State CDC Inc., Peoples Bank, LiftFund, Inc., Telhio Credit Union, Inc. and Business Expansion Funding Corporation, account for 25%. By program: 7(a) standard 5,301, 504 loans (as the Certified Development Company) 2,209, 7(a) SBA Express 1,334, 7(a) Community Advantage 982, 504 projects (as the third-party lender) 736, 7(a) working-capital and trade lines 63.
| Type | CDFIs in the files | Approvals | Share |
|---|---|---|---|
| Loan funds | 87 | 5,144 | 48% |
| Credit unions | 75 | 1,545 | 15% |
| Banks or thrifts | 88 | 3,665 | 34% |
| Bank holding companies | 7 | 271 | 3% |
SBA Microloans are not in these files, so microloan intermediaries are missing here. Approval is not disbursement. Only lenders we could match to the list are counted. Lenders: CDFIs that make SBA loans.
Source: U.S. Small Business Administration: 7(a) & 504 FOIA loan data, files as of 30 Sep 2026, downloaded 3 Nov 2026; CDFI lenders matched by FDIC/NCUA identifiers or by name and state, checked by hand. How we match lenders.
Home loans reported under HMDA, 2025
264 certified CDFIs reported 101,638 originated home loans for 2025, about $25.7 billion (median $155,000), 1.49% of the 6,827,891 originations all HMDA filers reported. Their weight is local: in Mississippi the CDFI share is 14 times the national figure. The ten states and territories with the highest CDFI share:
| State (CDFIs with 3+ loans there) | CDFI loans | Share of all loans | Largest CDFI's part |
|---|---|---|---|
| Mississippi (40 CDFIs) | 11,725 | 21.4% | 26% |
| Puerto Rico (25 CDFIs) | 1,516 | 10.6% | 18% |
| Louisiana (54 CDFIs) | 5,295 | 7.6% | 7% |
| New Mexico (12 CDFIs) | 2,911 | 7.4% | 65% |
| Oregon (9 CDFIs) | 3,188 | 3.6% | 55% |
| Florida (39 CDFIs) | 16,097 | 3.3% | 52% |
| Wisconsin (10 CDFIs) | 4,003 | 2.6% | 91% |
| Tennessee (34 CDFIs) | 4,315 | 2.4% | 22% |
| Alabama (33 CDFIs) | 2,448 | 2.1% | 21% |
| Arkansas (22 CDFIs) | 1,286 | 1.9% | 41% |
State = location of the property. All-lender totals per state are in the full table, available on request.
By purpose: home purchase 39,404 (39%), refinance 33,034 (including 16,568 cash-out), home improvement 14,323, other 14,774. 96% were conventional loans; FHA, VA and USDA loans together 3.8%. 25,209 were home-equity or other open-end lines.
Two lenders, Champions Funding, LLC and Change Lending, LLC (both loan funds), made 19,871 of the 101,638 loans (20%). 7,496 of the first one's 11,067 loans were for investment properties. A state appears in the table only when at least 3 CDFIs made at least 3 loans there. HMDA covers only lenders above its reporting thresholds, so many small CDFI lenders are missing; 354 certified CDFIs matched an HMDA filer. Public HMDA amounts are band midpoints, so dollar figures are approximate. Lenders: CDFI mortgages.
Source: FFIEC / CFPB: HMDA Data Browser, 2025 Snapshot National Loan-Level Dataset (frozen 2 Jun 2026), fetched 3 Nov 2026. How we match lenders.
5. How they are funded, and how big they are
Two Treasury channels are measured here: CDFI Fund awards and the one-time ECIP investments. Size comes from regulator filings: call reports for banks and credit unions, Form 990 for nonprofit loan funds.
CDFI Fund awards
1,110 of the 1,268 certified CDFIs (88%) have received at least one CDFI Fund award, $7.09 billion in total since 1996 (median lifetime total per lender $3.8 million). 63% of that money came in rounds from 2020 on; the pandemic-era Rapid Response (2021) and Equitable Recovery (2022) programs alone gave them $2.67 billion.
| Type | With an award | Share of type | Total | Median |
|---|---|---|---|---|
| Loan funds | 519 | 93% | $4.25B | $3.9M |
| Credit unions | 329 | 90% | $1.37B | $3.4M |
| Banks or thrifts | 160 | 89% | $1.03B | $5.8M |
| Bank holding companies | 94 | 61% | $389M | $1.8M |
| Venture capital funds | 8 | — | $44.3M | — |
Awards to today's certified CDFIs by round year:
| Round year | Awards |
|---|---|
| 2016 | $237M |
| 2017 | $280M |
| 2018 | $289M |
| 2019 | $292M |
| 2020 | $303M |
| 2021 | $1.46B |
| 2022 | $1.82B |
| 2023 | $233M |
| 2024 | $620M |
| 2025 | $1.9M |
For 2025 the database listed only technical-assistance awards when we read it.
Separately, Treasury's Emergency Capital Investment Program (ECIP) invested $6.69 billion in 127 of today's certified CDFIs (62 bank holding companies, 61 credit unions, 4 banks or thrifts) out of $8.57 billion for all 175 participants. ECIP bought preferred stock or subordinated debt: it is an investment, not a grant, and is not in the award totals.
Award totals exclude New Markets Tax Credit allocations and Bond Guarantees, which are tax-credit authority and guaranteed debt. Awards go to the institution, not to borrowers. Ranked list: CDFI Fund awards by lender and state.
Source: U.S. Treasury, CDFI Fund: Searchable Awards Database, 1996–2025 award rounds, read 3 Nov 2026; U.S. Treasury: ECIP participant list (last updated Mar 2025), downloaded 3 Nov 2026. How we match recipients.
How big the loan funds are
450 nonprofit loan funds and venture funds on the list have a recent Form 990 in the IRS extracts. Together they report $25.2 billion in total assets; the median fund holds $15.6 million, and the ten largest hold 34% of the total. 366 report notes and loans receivable, $10.5 billion in total (median $7.6 million). Most filings are for tax years ending in 2023 (416 of 450).
| Total assets (latest Form 990) | Loan funds | Share |
|---|---|---|
| Under $1 million | 27 | 6% |
| $1 million to $5 million | 78 | 17% |
| $5 million to $25 million | 176 | 39% |
| $25 million to $100 million | 113 | 25% |
| $100 million or more | 56 | 12% |
Source: Internal Revenue Service: SOI annual extract of tax-exempt organization financial data (2022, 2023, 2024 extracts) and Exempt Organizations Business Master File, downloaded 3 Nov 2026; EINs matched by name, state and city.
How big the banks and credit unions are
The 179 FDIC-insured banks behind 322 certified banks, thrifts and holding companies held $116.8 billion in assets on 30 Jun 2026 (median bank $366.6 million). The 284 certified credit unions in NCUA data held $173.2 billion (median $181.2 million) and served 11.6 million members on 30 Jun 2026. Each bank is counted once, even when its holding company is also on the list. Puerto Rico cooperativas are insured by COSSEC, not the NCUA, and are not included.
Source: FDIC BankFind Suite (assets as of 30 Jun 2026, office list as of 30 Oct 2026) and NCUA Call Report quarterly data (cycle 30 Jun 2026), downloaded 3 Nov 2026.
6. State by state
Two tables put the state figures side by side. They have different bases: headquarters for the list, website and award columns; the place of the borrower or property for TLR, SBA and HMDA. “—” means no data, no matched record, or a cell held back because fewer than three CDFIs contribute to it.
All 53 states and territories
Who is based here (headquarters):
| State or territory | Certified (HQ) | Verified on website | CDFI Fund awards (HQ) |
|---|---|---|---|
| Alabama | 38 | 21 | $122M |
| Alaska | 6 | 3 | $35.2M |
| Arizona | 17 | 13 | $76.7M |
| Arkansas | 34 | 19 | $155M |
| California | 97 | 71 | $653M |
| Colorado | 16 | 13 | $162M |
| Connecticut | 9 | 4 | $43.5M |
| Delaware | 4 | 2 | $17M |
| District of Columbia | 20 | 10 | $182M |
| Florida | 31 | 24 | $166M |
| Georgia | 26 | 20 | $138M |
| Guam | 2 | 1 | $13.3M |
| Hawaii | 8 | 7 | $39.2M |
| Idaho | 7 | 5 | $22.2M |
| Illinois | 28 | 19 | $244M |
| Indiana | 15 | 10 | $35.9M |
| Iowa | 7 | 5 | $21M |
| Kansas | 2 | 1 | $900,625 |
| Kentucky | 12 | 10 | $104M |
| Louisiana | 99 | 55 | $330M |
| Maine | 7 | 7 | $64.2M |
| Maryland | 15 | 11 | $151M |
| Massachusetts | 28 | 18 | $243M |
| Michigan | 34 | 30 | $112M |
| Minnesota | 32 | 24 | $247M |
| Mississippi | 96 | 61 | $492M |
| Missouri | 25 | 15 | $190M |
| Montana | 9 | 8 | $55.4M |
| Nebraska | 10 | 8 | $68.1M |
| Nevada | 2 | 2 | — |
| New Hampshire | 3 | 3 | $44.1M |
| New Jersey | 11 | 9 | $60.2M |
| New Mexico | 16 | 12 | $119M |
| New York | 76 | 56 | $634M |
| North Carolina | 25 | 15 | $155M |
| North Dakota | 2 | 1 | $3.5M |
| Ohio | 31 | 22 | $224M |
| Oklahoma | 18 | 9 | $70.2M |
| Oregon | 18 | 15 | $76.7M |
| Pennsylvania | 31 | 22 | $238M |
| Puerto Rico | 83 | 40 | $333M |
| Rhode Island | 2 | 2 | $8.4M |
| South Carolina | 20 | 18 | $71.2M |
| South Dakota | 15 | 10 | $98.3M |
| Tennessee | 41 | 28 | $121M |
| Texas | 53 | 37 | $195M |
| Utah | 4 | 3 | $3M |
| Vermont | 4 | 3 | $22.7M |
| Virginia | 22 | 20 | $179M |
| Washington | 22 | 20 | $88.9M |
| West Virginia | 14 | 7 | $37M |
| Wisconsin | 20 | 15 | $121M |
| Wyoming | 1 | 1 | $5.7M |
What federal records show was lent here, by place of borrower or property: CDFI Fund TLR loans and investments (FY2022), SBA 7(a)/504 approvals by CDFIs (FY2020–FY2026) and the CDFI share of all HMDA home loans (2025):
| State or territory | TLR loans, FY2022 | SBA approvals | HMDA 2025 share |
|---|---|---|---|
| Alabama | 5,386 | 328 | 2.1% |
| Alaska | 273 | 97 | 0.2% |
| Arizona | 3,351 | 73 | 1.2% |
| Arkansas | 7,563 | 280 | 1.9% |
| California | 42,375 | 1,260 | 1.6% |
| Colorado | 1,577 | 275 | 0.3% |
| Connecticut | 2,462 | 10 | 0.5% |
| Delaware | 362 | 17 | 0.7% |
| District of Columbia | 361 | 18 | 0.5% |
| Florida | 26,135 | 370 | 3.3% |
| Georgia | 3,598 | 192 | 0.7% |
| Guam | — | — | — |
| Hawaii | 561 | — | — |
| Idaho | 1,177 | 69 | 0.8% |
| Illinois | 6,697 | 46 | 0.3% |
| Indiana | 6,945 | 30 | 0.2% |
| Iowa | 12,865 | 86 | 1.3% |
| Kansas | 183 | 21 | 0.3% |
| Kentucky | 1,806 | 63 | 0.9% |
| Louisiana | 21,911 | 483 | 7.6% |
| Maine | 451 | 15 | 0.7% |
| Maryland | 1,741 | 55 | 0.4% |
| Massachusetts | 7,330 | 291 | 0.9% |
| Michigan | 9,498 | 151 | 1.9% |
| Minnesota | 4,132 | 376 | 0.3% |
| Mississippi | 32,466 | 1,086 | 21.4% |
| Missouri | 3,548 | 185 | 0.6% |
| Montana | 2,276 | 126 | 0.8% |
| Nebraska | 6,312 | 10 | 0.1% |
| Nevada | 448 | 31 | 0.4% |
| New Hampshire | 213 | 14 | 0.4% |
| New Jersey | 10,492 | 138 | 0.8% |
| New Mexico | 4,231 | 63 | 7.4% |
| New York | 76,456 | 294 | 1.9% |
| North Carolina | 19,945 | 602 | 0.7% |
| North Dakota | 24 | 220 | — |
| Ohio | 4,406 | 604 | 1.0% |
| Oklahoma | 2,898 | 57 | 0.4% |
| Oregon | 2,425 | 102 | 3.6% |
| Pennsylvania | 1,678 | 75 | 0.3% |
| Puerto Rico | 1,558 | 178 | 10.6% |
| Rhode Island | 500 | — | — |
| South Carolina | 3,505 | 107 | 0.9% |
| South Dakota | 390 | 10 | — |
| Tennessee | 5,319 | 273 | 2.5% |
| Texas | 26,149 | 1,104 | 0.9% |
| Utah | 3,520 | 32 | 0.2% |
| Vermont | 275 | — | — |
| Virginia | 3,587 | 84 | 0.6% |
| Washington | 5,272 | 247 | 1.3% |
| West Virginia | 227 | 21 | 1.4% |
| Wisconsin | 7,365 | 242 | 2.6% |
| Wyoming | 59 | 7 | 0.2% |
A fuller table (21 columns, including counts by lender type, ECIP investment, TLR dollar totals and HMDA all-lender totals) is available to journalists and researchers on request: use the contact page or email contact@cdfiatlas.com. Sources are the same as in the sections above.
7. Limits of the data
- Coverage. Website data covers 865 of 1,268 certified CDFIs (68%), and only 40 of 154 bank holding companies. Some websites block automated reading or were unreachable; those lenders show the official record only.
- Stated, not lent. Website amounts are what lenders advertise, not what they lend. A missing product means not found on the pages we read.
- Different years. The list is as of 21 Oct 2026; websites were read 29 Oct 2026–4 Nov 2026; TLR covers FY2022; HMDA covers 2025; SBA covers FY2020–FY2026; most Form 990s are for tax years ending in 2023. Read each figure with its own date.
- Partial lending data. TLR covers award holders only and is identity-masked; SBA files leave out SBA Microloans; HMDA leaves out lenders below its reporting thresholds. The three cannot be summed.
- Concentration. In TLR and HMDA a few large reporters move national medians and totals; we name the effect wherever it matters.
- Matching. SBA, HMDA, award, 990 and FDIC/NCUA records are linked to the list by identifiers or exact names, checked by hand where needed. A lender we could not match is missing from that dataset, not absent from it.
- No per-capita ranking. We do not rank states by lenders per resident; headquarters counts say little about where lending happens.
Method
Every figure on this page is computed when the site is built, from the public files listed under Sources and from our own website dataset; nothing is typed in by hand. Counts by type and state come from the CDFI Fund list as of 21 Oct 2026. Website figures come from 865 lenders' own pages, read 29 Oct 2026–4 Nov 2026, with each claim tied to a verbatim quote. Regulator and award records are matched to the list as described on the methodology page. We publish aggregates only: no borrower names, no single loans, no cell from fewer than 3 transactions, and no state cell built from fewer than 3 CDFIs in SBA, HMDA or TLR data. Medians of advertised amounts need at least 10 lenders, and shares a base of at least 10. When a source file is refreshed, the page changes with it; this version reflects data up to 4 Nov 2026.
How to cite
CDFI Atlas, “State of CDFI lending 2026”, https://cdfiatlas.com/reports/state-of-cdfi-lending-2026/, updated 4 Nov 2026.
Quote any figure with its source and date as given in its section. The state table is free to reuse with the same citation.
Sources
- U.S. Treasury, CDFI Fund: List of Certified CDFIs, as of 21 Oct 2026 (1,268 rows), downloaded 29 Oct 2026.
- Lender websites: loan products, stated amounts, service areas, borrower focus, languages and application links read from 865 certified CDFIs' own websites, 29 Oct 2026–4 Nov 2026 (CDFI Atlas dataset; method).
- U.S. Treasury, CDFI Fund: CDFI/NACA/CDFI RRP Program Award Recipient Data Release, Transaction Level Report and Consumer Loan Report public files, FY2022 release published 4 Dec 2024, downloaded 3 Nov 2026.
- U.S. Small Business Administration: 7(a) & 504 FOIA loan data, files as of 30 Sep 2026, downloaded 3 Nov 2026; CDFI lenders matched by FDIC/NCUA identifiers or by name and state, checked by hand.
- FFIEC / CFPB: HMDA Data Browser, 2025 Snapshot National Loan-Level Dataset (frozen 2 Jun 2026), fetched 3 Nov 2026.
- U.S. Treasury, CDFI Fund: Searchable Awards Database, 1996–2025 award rounds, read 3 Nov 2026; U.S. Treasury: ECIP participant list (last updated Mar 2025), downloaded 3 Nov 2026.
- Internal Revenue Service: SOI annual extract of tax-exempt organization financial data (2022, 2023, 2024 extracts) and Exempt Organizations Business Master File, downloaded 3 Nov 2026; EINs matched by name, state and city.
- FDIC BankFind Suite (assets as of 30 Jun 2026, office list as of 30 Oct 2026) and NCUA Call Report quarterly data (cycle 30 Jun 2026), downloaded 3 Nov 2026.
CDFI Atlas is an independent directory, not a lender, and is not affiliated with the U.S. Treasury or the CDFI Fund. Not financial advice.