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Summary
Community Development Bank was founded in 1906 and purchased by three non-profit Community Development Corporations in 2001. A for-profit financial institution owned by non-profit Community Development Corporations is very unique and brings significant economic development resources to the communities it serves. It generously supports local non-profit organizations, fundraisers and student groups with financial contributions. Additionally, it provides scholarships and internship opportunities to local high school and college students.
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