Community Impact
COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI)
Central Bank has been recognized by the Community Development Financial Institutions Fund (CDFI) for the bank's investment in distressed communities. For the past six years, the bank has been granted awards under CDFI's Bank Enterprise Award Program.
MINORITY OWNED FINANCIAL INSTITUTION
As a minority owned bank, Central Bank has been approved to participate in the U.S. Treasury's Minority Bank Deposit Program. This voluntary program encourages Federal agencies, State and local governments and the private sector to use Minority Bank Deposit Program participants as depositaries and financial agents. Banks are certified by the Financial Management Service and included on an annual program roster.
