County directory · West Virginia
CDFI lenders in Raleigh County, WV
4 have a bank or credit-union branch here. 1 more say they serve all of West Virginia. 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
- 0
- Branch here
- 4
- Serve all of WV
- 1
None of the lender websites we read names Raleigh 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: Arnett, Artie, Beaver, Beckley, Bolt, Bradley, Clear Creek, Coal City, Colcord, Cool Ridge, Crab Orchard, Daniels….
Lenders compared for Raleigh County
4 with local records| Lender | Local records | Loan sizes | Head office |
|---|---|---|---|
| 1. Pioneer Community Bank, Inc. Bank or thrift, Iaeger WV | 3 offices here; 51 home loans here, 2025 | ask | 37 mi |
| 2. Whitesville State Bank Bank or thrift, Whitesville WV | 2 offices here; 36 home loans here, 2025 | ask | 22 mi |
| 3. Pioneer Community Group, Inc. Bank holding company, Iaeger WV | 3 offices here | ask | 37 mi |
| 4. Big Coal River Bancorp, Inc. Bank holding company, Whitesville WV | 2 offices here | ask | 22 mi |
4 of these 4 lenders have received CDFI Fund awards, together $10M in fiscal years 2020–2024 (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
4 lenders2 head offices and 10 branches or offices of 4 lenders on this page, within 30 miles of the centre of Raleigh 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.
Banks and credit unions with a branch in this county
4 certified CDFIs have at least one office in Raleigh County (FDIC office data as of 30 Oct 2026). A branch shows presence, not a stated service area; credit unions also require membership.
- Pioneer Community Bank, Inc.Bank or thrift · Iaeger, WVAuto / vehicle loans, Commercial real estate loans, Equipment loans, Home mortgages…3 offices in Raleigh CountyVerified
- Pioneer Community Group, Inc.Bank holding company · Iaeger, WV3 offices in Raleigh CountyOfficial list only
- Big Coal River Bancorp, Inc.Bank holding company · Whitesville, WV2 offices in Raleigh CountyOfficial list only
- Whitesville State BankBank or thrift · Whitesville, WVAuto / vehicle loans, Home repair / improvement loans, Home mortgages, Personal / consumer loans…2 offices in Raleigh CountyVerified
CDFI mortgage lenders active here
Certified CDFIs reported 88 originated home loans for properties in Raleigh County in 2025 under the Home Mortgage Disclosure Act: 7.0% of the 1,251 home loans that all HMDA lenders reported here.
- Pioneer Community Bank, Inc.Bank or thrift · Iaeger, WVAuto / vehicle loans, Commercial real estate loans, Equipment loans, Home mortgages…51 home loans here in 2025 (HMDA)Verified
- Whitesville State BankBank or thrift · Whitesville, WVAuto / vehicle loans, Home repair / improvement loans, Home mortgages, Personal / consumer loans…36 home loans here in 2025 (HMDA)Verified
Plus 1 more certified CDFI 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 Raleigh County
Official statisticsMedian household income in Raleigh County is $52,150, 13% below the West Virginia figure of $59,608 (ACS 2020–2024).
Businesses here took 15.2 SBA-backed loans per 1,000 employer businesses over FY2020–FY2026: fewer than the median West Virginia county (21.2), rank 35 of 55.
| Measure | Raleigh County | West Virginia |
|---|---|---|
| Businesses with paid employees (CBP 2023) | 1,713 (4.8% of the state) | 35,839 |
| …of which under 20 employees | 85% | 85% |
| Businesses without employees (Nonemployer Statistics 2023) | 3,827 | 94,681 |
| Median household income (ACS 2020–2024) | $52,150 (13% below the state) | $59,608 |
| SBA 7(a) and 504 approvals, all lenders, FY2020–FY2026 | 26 (25 7(a), 1 504) | 1,144 |
| …per 1,000 businesses with employees | 15.2 (rank 35 of 55 West Virginia counties) | 21.2 (median county) |
| Median SBA 7(a) loan, all lenders | $150,000 | $120,000 |
| …with a certified CDFI as lender, CDC or third-party lender | 0 (0%) | 21 (2%) |
| Variable-rate 7(a): median rate over prime at approval, FY2024–26 | 1 pts (12 loans; 8% at the SBA maximum) | 2 pts (8% at the maximum) |
Approvals by fiscal year: FY2020 0 · FY2021 1–2 · FY2022 4 · FY2023 5 · FY2024 7 · FY2025 3 · FY2026 5.
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.
CDFI lending recorded here (FY2022)
CDFI Fund data, released Dec 202493 loans and investments totaling $17.3M (median $82,500) were reported to the CDFI Fund for borrowers and projects in Raleigh County in fiscal year 2022, by 4 reporting CDFIs. More than half of these records come from a single reporting CDFI.
| Purpose (CDFI Fund category) | Count | Total | Median |
|---|---|---|---|
| Home purchase | 27 | $3.8M | $83,000 |
| Home improvement | 22 | $3.5M | $64,500 |
| Real estate: single-family housing rehabilitation | 22 | $3.9M | $105,750 |
| Non-real estate business | 10 | $1M | $73,837 |
| Real estate: commercial construction, permanent or acquisition | 6 | $3.2M | $474,228 |
| Other purposes | 6 | $1.8M |
CDFI banks and credit unions also reported 222 consumer loans in Raleigh County totaling $5.3M (Consumer Loan Report, tract totals, so no median); they counted 9% of them as serving low-income borrowers.
Loans and investments reported in other years: FY2021 25.
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.
Say they serve all of West Virginia
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
- Oak Hill CenterSmall Business Development Center · 137 Main St E, Oak Hill, WV 25901about 15 miles from the centre of Raleigh County
- West Virginia SCORESCORE mentoring · 1116 Smith Street, 3rd Floor Suite 311, Charleston, WV 25301800-634-0245 · about 45 miles from the centre of Raleigh County
- Partner Community Capital, Inc.Women's Business Center · 303 Washington St. W., Charleston, WV 25301304-825-5000 · about 45 miles from the centre of Raleigh County
Housing counseling
- Southern Appalachian Labor School Foundation, Inc.HUD-approved housing counselor · 140 School Street, Oak Hill, WV 25901304-250-7627 · about 16 miles from the centre of Raleigh County
- New River Community Action (Giles County)HUD-approved housing counselor · 516 Wenonah Avenue, Pearisburg, VA 24134about 42 miles from the centre of Raleigh County
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 West Virginia counties
Source: CDFI Atlas, cdfiatlas.com/states/wv/counties/raleigh-county/. © 2026 CDFI Atlas. Quoting with a link is welcome; republishing the pages or the compiled data is not (terms of use).