County directory · New York
CDFI lenders in Albany County, NY
2 are headquartered here. 1 more has a bank or credit-union branch here. 1 more say they serve all of New York. Sources: lender websites (29 Oct 2026–4 Nov 2026), the CDFI Fund list (21 Oct 2026) and FDIC/NCUA branch records.
- Name this county
- 0
- Based here
- 2
- Branch here
- 1
- Serve all of NY
- 1
None of the lender websites we read names Albany County; the lenders below are based here, have an office here or serve the whole state. Lenders based elsewhere may lend here too. Search your exact ZIP code in the finder to include lenders based nearby. Towns in this county: Albany, Alcove, Altamont, Berne, Clarksville, Coeymans, Coeymans Hollow, Cohoes, Delmar, Dormansville, East Berne, Feura Bush….
Lenders compared for Albany County
4 with local records| Lender | Local records | Loan sizes | Head office |
|---|---|---|---|
| 1. NYBDC Local Development Corporation Loan fund, Latham NY | headquarters here; 8 SBA loans here, FY2020–FY2026 | $10,000–$5.5M | 8 mi |
| 2. Champions Funding, LLC Loan fund, Gilbert AZ | 19 home loans here, 2025 | up to $3M | 2,143 mi |
| 3. Hudson River Community Credit Union Credit union, Corinth NY | 1 office here | ask | 42 mi |
| 4. Community Loan Fund of the Capital Region, Inc. Loan fund, Albany NY | headquarters here | ask | 3 mi |
3 of these 4 lenders have received CDFI Fund awards, together $23.9M in fiscal years 1998–2024 (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.
Where these lenders have offices
3 lenders2 head offices and 1 branch or office of 3 lenders on this page, within 35 miles of the centre of Albany County. Lenders with no office nearby may still lend here; many work by phone and online.
Head officeBranch or officeApproximate (ZIP code area)
Map data © OpenStreetMap contributors, © OpenMapTiles, tiles OpenFreeMap. Head-office points: U.S. Census Bureau geocoder.
Loan types confirmed on these lenders' websites
- Small-business loans (2 lenders)
- Nonprofit / community facility loans (1 lender)
- Commercial real estate loans (1 lender)
- Equipment loans (1 lender)
- Microloans (1 lender)
- SBA-backed loans (7(a)/504/Community Advantage) (1 lender)
Banks and credit unions with a branch in this county
1 certified CDFI has at least one office in Albany County (NCUA branch data as of 30 Jun 2026). A branch shows presence, not a stated service area; credit unions also require membership.
CDFI mortgage lenders active here
Certified CDFIs reported 21 originated home loans for properties in Albany County in 2025 under the Home Mortgage Disclosure Act: 0.4% of the 5,656 home loans that all HMDA lenders reported here.
- Champions Funding, LLCLoan fund · Gilbert, AZHome mortgages19 home loans here in 2025 (HMDA)Verified
Plus 2 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.
Small business and SBA lending in Albany County
Official statisticsMedian household income in Albany County is $85,333, about level with the New York figure of $85,974 (ACS 2020–2024).
Businesses here took 31.7 SBA-backed loans per 1,000 employer businesses over FY2020–FY2026: fewer than the median New York county (40.2), rank 48 of 62.
| Measure | Albany County | New York |
|---|---|---|
| Businesses with paid employees (CBP 2023) | 9,465 (1.7% of the state) | 541,313 |
| …of which under 20 employees | 83% | 88% |
| Businesses without employees (Nonemployer Statistics 2023) | 23,276 | 1,985,320 |
| Median household income (ACS 2020–2024) | $85,333 (about the state level) | $85,974 |
| SBA 7(a) and 504 approvals, all lenders, FY2020–FY2026 | 300 (257 7(a), 43 504) | 22,848 |
| …per 1,000 businesses with employees | 31.7 (rank 48 of 62 New York counties) | 40.2 (median county) |
| Median SBA 7(a) loan, all lenders | $200,000 | $130,000 |
| …with a certified CDFI as lender, CDC or third-party lender | 12 (4%) | 296 (1%) |
| Variable-rate 7(a): median rate over prime at approval, FY2024–26 | 2.75 pts (104 loans; 8% at the SBA maximum) | 3 pts (15% at the maximum) |
Approvals by fiscal year: FY2020 31 · FY2021 42 · FY2022 33 · FY2023 47 · FY2024 44 · FY2025 55 · FY2026 48.
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.
SBA loans made here by CDFIs
SBA data as of 30 Sep 2026Certified CDFIs were the lender, the CDC or the third-party lender on 12 SBA approvals (10 7(a) loans and 2 504 projects) for borrowers in Albany County in fiscal years 2020–2026, from 4 CDFIs. The 7(a) loans total $7.8M approved.
CDFIs with 3 or more: NYBDC Local Development Corporation (8). 3 more CDFIs 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.
CDFI lending recorded here (FY2022)
CDFI Fund data, released Dec 2024171 loans and investments totaling $18.1M (median $25,408) were reported to the CDFI Fund for borrowers and projects in Albany County in fiscal year 2022, by 16 reporting CDFIs. More than half of these records come from a single reporting CDFI.
| Purpose (CDFI Fund category) | Count | Total | Median |
|---|---|---|---|
| None of the listed purposes | 133 | $3.8M | $19,120 |
| Home purchase | 17 | $4.9M | $247,400 |
| Non-real estate microenterprise | 5 | $112,654 | $25,000 |
| Non-real estate business | 5 | $865,993 | $100,000 |
| Real estate: single-family housing rehabilitation | 4 | $254,284 | $61,500 |
| Other purposes | 7 | $8.2M |
Of 138 individual borrowers whose income was reported, 92% had family income at or below 80% of the area median.
CDFI banks and credit unions also reported 601 consumer loans in Albany County totaling $3.6M (Consumer Loan Report, tract totals, so no median); they counted 18% of them as serving low-income borrowers.
Loans and investments reported in other years: FY2018 17 · FY2019 32 · FY2020 49 · FY2021 283.
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.
Headquartered in Albany County
The official list gives a headquarters address here. Check each lender's page for where it lends.
- Community Loan Fund of the Capital Region, Inc.Loan fund · Albany, NYNonprofit / community facility loans, Small-business loansVerified
- NYBDC Local Development CorporationLoan fund · Latham, NYCommercial real estate loans, Equipment loans, Microloans, SBA-backed loans (7(a)/504/Community Advantage)…Verified
Say they serve all of New York
Free help before you apply
These offices give free or low-cost advice: a Small Business Development Center or SCORE mentor can help with the business plan, cash-flow projections and paperwork most business lenders ask for, and a HUD-approved housing counselor can help with a homebuyer course, a budget or a missed mortgage payment. Some counseling agencies also lend; using their advice does not commit you to their loans. Call ahead to check hours and what they cover.
Business advice
- Albany SBDCSmall Business Development Center · Small Business Development Center, ETEC, Suite 146, University at Albany, Harriman Campus Road, Albany, NY 12222518-442-7232
- New York State Small Business Development Centers | State OfficeSmall Business Development Center · 353 Broadway, Albany, NY 12246518-443-5398
- McNulty Veteran Business CenterVeterans Business Outreach Center · 44 Dalliba Ave., Watervliet, NY 12189518-326-6328
- Ulster SCORESCORE mentoring · 94 Marys Ave, SUNY Ulster, Kingston, NY 12401800-634-0245 · about 48 miles from the centre of Albany County
Housing counseling
- Affordable Housing PartnershipHUD-approved housing counselor · 255 Orange St, Albany, NY 12210518-434-1730
- Albany County Rural Housing Alliance, IncHUD-approved housing counselor · 2480 Route 9W, Faith Plaza, Ravena, NY 12143518-817-5521
- Albany County Rural Housing Alliance, Inc.HUD-approved housing counselor · 24 Martin Rd, Voorheesville, NY 12186518-765-2425
- New York State Housing Finance AgencyHUD-approved housing counselor · 38-40 State Street, Albany, NY 12207518-486-3452
Sources: SBA local assistance listings, read 6 Nov 2026; HUD's list of approved housing counseling agencies (open-data version last updated 9 Apr 2025). For the current list and the services each agency offers, use the CFPB's housing counselor search (it uses HUD's list) or call HUD at 800-569-4287. Offices are placed by ZIP code, so distances are approximate.
Other New York counties
Source: CDFI Atlas, cdfiatlas.com/states/ny/counties/albany-county/. © 2026 CDFI Atlas. Quoting with a link is welcome; republishing the pages or the compiled data is not (terms of use).