Citi provided $125,000 in founding support for the Security Deposit Loan program, and is also supporting the development of a number of social lending models developed by Mission Asset Fund, including Lending Circles and Lending Circles for Citizenship. More information is available at www.missionassetfund.org.

About Mission Asset Fund

Mission Asset Fund is a nonprofit organization helping financially excluded communities – particularly low-income and immigrant families – become visible, active, and successful participants in the U.S. financial mainstream. Citi has also been a key supporter of Mission Asset Fund's innovative social lending model, Lending Circles.

About Citi Community Development

Citi Community Development is leading Citi’s commitment to achieve economic empowerment and growth for underserved individuals, families and communities by expanding access to financial products and services, and building sustainable business solutions and innovative partnerships. Our focus areas include: commercial and philanthropic funding; innovative financial products and services; and collaborations with institutions that expand access to financial products and services for low-income and underserved communities. For more information, please visit www.citicommunitydevelopment.com .

1 FDIC’s 2011 National Survey of Unbanked and Underbanked Households Survey

Copyright Business Wire 2010

If you liked this article you might like

Bank Stocks Move Higher Ahead of Federal Reserve Meeting

All Eyes on the Godfather of Central Banking as Fed Has Huge Meeting This Week

The Stock Market Stinks and the Stench Is Going to Get Much Worse Soon

Financials Trade Close to Flat as Investors Await Clarity From the Fed

Don't Get Shaken Out of Good Stocks: Cramer's 'Mad Money' Recap (Wed 9/13/17)