ABOUT HERON
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Investing
Recent
Investments
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Ownership
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to Capital
Community
Development
ACCESS TO CAPITAL INVESTMENTS
Program-Related Investments
Alternatives Federal Credit Union $250,000
Ithaca, NY
Secondary capital to support affordable home mortgage and small business lending. $250,000 7-year secondary capital loan approved in 2002.
 
Boston Community Loan Fund, Inc. $150,000
Boston, MA
Subordinated loan to finance pre-development, construction, and bridge financing for affordable housing, community facilities, and child care projects. $150,000 10-year subordinated loan approved in 2000.
 
Boston Community Loan Fund, Inc. $600,000
Boston, MA
Senior loan to finance affordable housing, community facility and commercial real estate projects. $600,000 5-year senior loan approved in 2005.
 
Calvert Social Investment Foundation, Inc. $500,000
Bethesda, MD
Subordinated loan to increase the capacity of the Calvert Foundation to issue Community Investment Notes. $500,000 3-year subordinated loan approved in 2003.
 
Community Reinvestment Fund, Inc. $1,000,000
Minneapolis, MN
Senior loan to facilitate expansion of the secondary market in community development loans. $1,000,000 6-year senior loan approved in 2000.
 
National Community Capital Association (DBA Opportunity Finance Network) $500,000
Philadelphia, PA
Senior loan to provide flexible financing for Community Development Financial Institutions. $500,000 8-year senior loan approved in 2002.
 
National Federation of Community Development Credit Unions, Inc. $1,000,000
New York, NY
To expand access to capital for low-income communities by making fully insured deposits in low-income designated credit unions of which at least 80% must be originators of affordable home mortgages. $1,000,000 10-year loan approved in 2006.
 
Native American Bancorporation $300,000
Denver, CO
Preferred stock in an American Indian-owned community development bank serving reservation communities and tribal enterprises. $300,000 10-year preferred stock investment approved in 2004.
 
North Carolina Minority Support Center $500,000
Durham, NC
Senior loan to fund pledgeable deposits in credit unions serving low-income communities to increase home mortgage and business lending. $500,000 8-year loan approved in 1999.
 
Opportunities Credit Union $250,000
Burlington, VT
Secondary capital to support home mortgage and small business lending. $250,000 9-year secondary capital loan approved in 2001.
 
ShoreBank $1,000,000
Chicago, IL
Redeemable preferred stock to support expansion of community development banking services and lending in inner-city Chicago, Detroit and Cleveland. $1,000,000 5-year preferred stock investment approved
 
Insured Deposits
Albina Community Bank  
Portland, OR  
Appalachian Federal Credit Union  
Berea, KY  
Bank 2  
Oklahoma City, OK  
Bank of Cherokee County  
Hulbert, OK  
Carver Federal Savings Bank  
New York, NY  
Central Bank of Kansas City  
Kansas City, MO  
Citizens Trust Bank  
Atlanta, GA  
City First Bank of DC  
Washington, DC  
City National Bank of New Jersey  
Newark, NJ  
Community Capital Bank  
Brooklyn, NY  
Community Choice Federal Credit Union  
Indianapolis, IN  
Dakotaland Federal Credit Union  
Huron, SD  
Delta Southern Bank  
Ruleville, MS  
Douglass National Bank  
Kansas City, KS  
Elk Horn Bank & Trust  
Arkadelphia, AR  
First American International Bank  
Brooklyn, NY  
First Bank of the Delta, N.A.  
West Helena, AR  
First Delta Federal Credit Union  
Marks, MS  
Friendship Community Federal Credit Union  
Clarksdale, MS  
Generations Community Credit Union  
Durham, NC  
Hope Community Credit Union  
Jackson, MS  
Latino Community Credit Union  
Durham, NC  
Legacy Bank  
Milwaukee, WI  
Liberty Bank and Trust Company  
Baton Rouge, LA  
Mechanics and Farmers Bank  
Durham, NC  
Mission Community Bank  
San Luis Obispo, CA  
Native American Bank, NA  
Denver, CO  
Neighborhood National Bank  
National City, CA  
North Star Community Credit Union  
Maddock, ND  
Opportunities Credit Union  
Burlington, VT  
Santa Cruz Community Credit Union  
Santa Cruz, CA  
Self-Help Credit Union  
Durham, NC  
ShoreBank  
Chicago, IL  
South Carolina Community Bank  
Columbia, SC  
Syracuse Cooperative Federal Credit Union  
Syracuse, NY  
T&C Federal Credit Union  
Bloomfield Hills, MI  
The Harbor Bank of Maryland  
Baltimore, MD  
University National Bank  
St. Paul, MN  
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