Congratulations, ShoreBank!
LWACO, Wash. – (Business Wire) ShoreBank Pacific has received certification as a Community Development Financial Institution (CDFI) by the U.S. Department of the Treasury’s CDFI Fund.
As the only bank chartered in Washington with CDFI certification, ShoreBank Pacific is now uniquely positioned to apply for Treasury grant funds that can be used for loans and development services in underserved Oregon and Washington communities. CDFI funding would increase ShoreBank Pacific’s capacity to provide commercial loans to the renewable energy, green building, fishing, and specialty foods and agriculture industries.
