Deposit Programs

Advancing Communities Together (ACT) Deposit Program

We created the ACT Deposit Program in partnership with the National Bankers Association and IntraFi so that impact-driven institutions can direct funds to bolster community lending. Through the program, these institutions place large-dollar deposits that are FDIC-insured and interest-bearing into a nationwide network of CDFI-certified and Minority Depository Institution banks that then put the deposits to work in their communities.

Banks that make deposits in the program can earn credit toward the community development and investment tests under the Community Reinvestment Act.

Why choose ACT?

• Deposits stay with mission-focused banks. They use the deposits to provide access to credit that supports affordable housing, small businesses, and other community needs.
• The ACT network distributes deposits to participating CDFIs and MDIs nationwide, but depositors work directly with a single bank.
• Participating depositors can choose any participating CDFI or MDI as their relationship bank, which then allocates portions of the deposit to other participating banks to make sure all funds are fully insured by the Federal Deposit Insurance Corp.

Learn more about ACT

Banking on Communities Initiative

CDBA and IntraFi teamed up 20 years ago to help CDFI banks gather deposits. Since then our member banks have raised billions through the Intrafi Cash Service (ICS®) and CDARS®. Depositors benefit from a single rate, one statement, and seamless access to multimillion‑dollar FDIC coverage, while banks receive stable funding for community lending.

Key advantages of the program

• Depositors can use either ICS demand/MMDA accounts or CDARS certificates of deposit to match liquidity needs.
• Funds remain on the balance sheet at the originating CDFI bank, strengthening local lending capacity.
• IntraFi makes a contribution to CDBA for every qualifying CDARS/ICS dollar deposited.

Learn more at Intrafi