Digital wallets are rewriting the financial playbook with a model that is accessible, real-time, and deeply user-centric, transforming traditional banking relationships.
CDFIs have seen significant growth, reaching $436 billion in assets by 2024, enabling them to better serve underserved communities, especially communities of color.
Financial inclusion is paramount today because it empowers individuals and communities by providing them access to essential financial services, enabling economic growth and stability.
Red Hook residents shouldn't have to leave their community for basic services like depositing a paycheck or opening a savings account. With the opening of this bank branch, we're ensuring that our Red Hook neighbors have the opportunity to grow and thrive financially right here in the community they call home.