Hundreds of local charities, nonprofits, and local businesses have been the recipient of the generosity of CDC Deposits Corp. and their client depositors.
In funds managed, distributed, and protected
Community businesses and nonprofits supported
In fees shared to our network of partners and clients
CDC is recognized as the first company to provide a socially responsible investment vehicle in cash deposit accounts with full FDIC insurance. The CDC Impact Deposit Program is a cash product that helps depositors support local nonprofits as opposed to their money remaining dormant in savings accounts or traditional money market accounts. While the CDC Impact Deposit Program is frequently evaluated as a social impact investment, no “investment” is being made in CDC but rather funds are deposited, generate interest, and are fully retained by depositors.
CDC takes the sustainability profile of its banking partners very seriously and strives to have inclusion in the CDC Community Bank Network serve as a signal to the market that a bank is actively pursuing a socially responsible agenda. CDC recognizes that the potential impact of its banking network exceeds the impact it is able to deliver on its own and actively encourages banks within its network to be more socially-minded by driving donations to nonprofits on behalf of the bank (through the Impact Deposit Program) and with specific initiatives that are intended to engage banks with nonprofits in their community.
2018 Social Impact Report
The power of a funding source to bring together community financial institutions with organizations for change.