CDFI lenders in Bay County, FL

9 of these 12 lenders have received CDFI Fund awards, together $33.7M in fiscal years 2000–2024 (CDFI Fund award database; each lender page lists its awards). An award funds the lender, not a particular borrower.

Order: how many kinds of local record we hold (its website names the county or a town in it, headquarters, a branch, SBA loans or HMDA home loans for borrowers here), then the number of those records, then the head office's distance from the county centre. Loan sizes are the range the lender's website states. It is not a rating and nobody pays for a place. SBA loans: SBA 7(a)/504 data (FY2020–FY2026, 3 or more shown); home loans: HMDA 2025 originations (3 or more shown); branches: FDIC/NCUA; distances are straight lines from the average position of the county's ZIP codes.

2 head offices and 18 branches or offices of 9 lenders on this page, within 35 miles of the centre of Bay County. Lenders with no office nearby may still lend here; many work by phone and online.

CDFI mortgage lenders active here

Certified CDFIs reported 229 originated home loans for properties in Bay County in 2025 under the Home Mortgage Disclosure Act: 3.8% of the 6,006 home loans that all HMDA lenders reported here.

• Innovations Financial Credit UnionCredit union · Panama City, FLAuto / vehicle loans, Commercial real estate loans, Equipment loans, Personal / consumer loans…90 home loans here in 2025 (HMDA)Verified
• Community Bank of MississippiBank or thrift · Flowood, MSAuto / vehicle loans, Home mortgages, Personal / consumer loans, SBA-backed loans (7(a)/504/Community Advantage)…69 home loans here in 2025 (HMDA)Verified
• BANKPLUSBank or thrift · Belzoni, MSCredit-builder loans, Home mortgages, Personal / consumer loans, Small-business loans19 home loans here in 2025 (HMDA)Verified
• Champions Funding, LLCLoan fund · Gilbert, AZHome mortgages17 home loans here in 2025 (HMDA)Verified
• First Commerce Credit UnionCredit union · Tallahassee, FLAuto / vehicle loans, Commercial real estate loans, Personal / consumer loans, SBA-backed loans (7(a)/504/Community Advantage)14 home loans here in 2025 (HMDA)Verified
• Change Lending, LLCLoan fund · Anaheim, CAHome mortgages7 home loans here in 2025 (HMDA)Verified

Plus 10 more certified CDFIs with fewer than 3 loans here each (not listed).

A lender headquartered far away can appear here: HMDA counts the county of the property, not of the lender. Banks and credit unions below the HMDA reporting thresholds and most loan funds do not report, so other CDFIs may also lend here.

Source: FFIEC Home Mortgage Disclosure Act (HMDA) data for 2025, snapshot frozen 2 Jun 2026, loan-level records read through the CFPB HMDA Data Browser API on 3 Nov 2026. Originated loans only; applications that were denied, withdrawn or not accepted are not counted. HMDA publishes each loan amount as the middle of a $10,000 band, so totals and medians are approximate. Counts under 3 are not shown. How we match lenders.

Median household income in Bay County is $73,533, 1% below the Florida figure of $74,568 (ACS 2020–2024).

Businesses here took 35.1 SBA-backed loans per 1,000 employer businesses over FY2020–FY2026: about as many as the median Florida county (36.2), rank 37 of 67.

Approvals by fiscal year: FY2020 15 · FY2021 26 · FY2022 16 · FY2023 23 · FY2024 42 · FY2025 35 · FY2026 29.

For comparison, not an offer. SBA figures count approvals by every SBA lender for borrowers whose ZIP code lies in the county, not only CDFIs; approval is not disbursement. Rate over prime = the SBA's recorded initial rate minus the prime rate on the approval day; SBA caps it at 3 to 6.5 points depending on loan size (current prime rate and caps: methodology).

Sources: Census Bureau County Business Patterns 2023, Nonemployer Statistics 2023 and American Community Survey 2020–2024 (table B19013); SBA 7(a) & 504 FOIA data as of 30 Sep 2026; prime rate: FRED DPRIME; SBA maximums: SBA 7(a) terms. Downloaded 15 Nov 2026. How we compute these.

Certified CDFIs were the lender, the CDC or the third-party lender on 19 SBA approvals (9 7(a) loans and 10 504 projects) for borrowers in Bay County in fiscal years 2020–2026, from 3 CDFIs. The 7(a) loans total $2.2M approved.

CDFIs with 3 or more: Community Bank of Mississippi (15), Innovations Financial Credit Union (3). 1 more CDFI made 1 or 2 each.

Counted by the county of the borrower's ZIP code. Approval is not disbursement. These are only the SBA loans of certified CDFIs; most SBA lenders here are not CDFIs, and CDFIs also lend outside SBA programs.

Source: U.S. Small Business Administration, 7(a) & 504 FOIA loan data, files as of 30 Sep 2026, downloaded 3 Nov 2026. Our counts, cancelled approvals left out. How we match lenders.

419 loans and investments totaling $104.9M (median $175,000) were reported to the CDFI Fund for borrowers and projects in Bay County in fiscal year 2022, by 24 reporting CDFIs. More than half of these records come from a single reporting CDFI.

Of 145 individual borrowers whose income was reported, 47% had family income at or below 80% of the area median.

CDFI banks and credit unions also reported 4,253 consumer loans in Bay County totaling $76.3M (Consumer Loan Report, tract totals, so no median); they counted 65% of them as serving low-income borrowers.

Loans and investments reported in other years: FY2018 166 · FY2019 86 · FY2020 445 · FY2021 541.

Only CDFIs that hold an active CDFI Fund award (CDFI Program, Native American CDFI Assistance or the CDFI Rapid Response Program) report these transactions, so this is not all lending by the certified CDFIs on this page. The Fund masks which CDFI made each loan, so we cannot say which lender listed here made them.

Source: CDFI Fund, CDFI/NACA/CDFI RRP Program Award Recipient Data Release, Transaction Level Report and Consumer Loan Report public files for fiscal year 2022 (released Dec 2024; downloaded 3 Nov 2026). Amounts are original loan or investment amounts as reported. Place = the 2010 census tract of each record. How we count.