NCB Commits $490 Million in Low to Moderate Income Communities in 2011

NCB, consisting of National Consumer Cooperative Bank, NCB, FSB and NCB Capital Impact, reported that $490 million was committed and deployed to low and moderate income communities during 2011. The capital infusion provided to these communities through direct lending, investments, the facilitation of creative transactions and new national initiatives in the following impact sectors: housing, health care, education, community and economic development, business cooperatives, small business, expansion and development, investments and grants, and renewable energy.