Author: Nick Haltom
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A closer look at rural CDFIs
Get insightful data and findings from the Richmond Fed’s 2023 CDFI Survey, highlighting the impact and challenges of rural CDFIs.
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2023 CDFI Survey Key Findings
From April 24 through June 2, 2023, the Federal Reserve fielded the 2023 CDFI Survey. Respondents touched on demand for products and services, innovation, and impacts of rising interest rates, a tight labor market, and rising wages. Here’s what 453 CDFIs said about their financial well-being and the road ahead.