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University National Bank
200 University Avenue WestSt Paul MN, 55103
CDFI Awards for University National Bank
BEA (2008) - $675,000
University National Bank has been selected to receive an award of $675,000 through the FY 2008 round of the Bank Enterprise Award Program for its support of affordable housing development loans, small business loans, and commercial real estate loans in distressed communities. University National Bank is a certified CDFI and federally chartered bank with $117 million in assets.
BEA (2007) - $500,000
University National Bank has been selected to receive an award of $976,424 through the FY 2007 round of the Bank Enterprise Award Program for its support of affordable housing development loans, small business loans, and commercial real estate loans to underserved areas in Minnesota. University National Bank is a certified CDFI and national bank with over $117 million in assets.
BEA (2006) - $500,000
University National Bank has been selected to receive an award of $500,000 through the FY 2006 round of the Bank Enterprise Award Program for its support of the community through affordable housing development loans, home improvement loans, and commercial real estate loans to underserved areas of the Twin Cities. University National Bank is a certified CDFI with $109 million in assets.
BEA (2005) - $500,000
University National Bank of St. Paul, Minnesota received a Bank Enterprise Award grant of $395,000 for increasing its residential and commercial real estate lending by $5,000,000 in distressed communities. The awardee is a nationally chartered bank and a certified community development financial institution with total assets of $113 million.
BEA (2003) - $795,969
University Bank received an award of $795,969 for increasing its financing activities in economically distressed areas in St. Paul, Minnesota.
BEA (2002) - $165,750
University National Bank of St. Paul, Minnesota, received an award of $165,750 for Equity Investments and CDFI Support Activities with the following certified CDFIs: First American International Bank, Local Initiatives Support Corporation, Louisville Community Development Bank, Neighborhood National Bank, Shorebank, and Shorebank, Cleveland.
CORE (2001) - $750,000
The CDFI Fund"s loan of $750,000 will allow University Financial Corp. to continue provision of its existing services and to better position the Bank to offer new programs.
Other Community Development Financial Institutions in Minnesota
African Development Center
Minneapolis
CAPITAL CITY PROPERTIES
St. Paul
Community Reinvestment Fund, Inc
Minneapolis
Dakota Futures, Inc.
Morton
Development Corporation for Children
Minneapolis
Great Neighborhoods! Development Corp.
Minneapolis
Greater Minnesota Housing Fund
St. Paul
Habitat for Humanity of Minnesota, Inc.
Minneapolis
Indian Land Capital Company
Little Canada
Indian Land Tenure Foundation
Little Canada
Initiative Foundation
Little Falls
Leech Lake Band of Ojibwe
Cass Lake
Midwest Minnesota Community Development Corporation
Detroit Lakes
National New Markets Tax Credit Fund, Inc
Minneapolis
Neighborhood Development Center
St. Paul
Nonprofits Assistance Fund
Minneapolis
Northland Foundation
Duluth
Sparc
Saint Paul
University National Bank
St Paul
WomenVenture
St. Paul
Featured Government Grant Resources
Minority Business Enterprise Centers for Minority-Owned Businesses
The The Minority Business Development Agency has recently constituted the Minority Business Enterprise Centers (MBEC) Program wherein it aims to support minority-owned businesses by providing them with electronic and one-on-one business development services for a reasonably nominal fee.
Small Business Grants - Support for Veterans
The SBA is dedicated to lend a hand to the service people in America and directly links with the Patriot Express Loan for veterans who desire to initiate their own business and want to start commercial activities. The SBA also plays a role in encouraging growth and job creation during the process, which is an indispensable part to support economic prosperity.
Social Entrepreneurship
Spotlight
Exeter Sees Growth in Social Enterprise Sector
A partner at The Fruit Tree for Business LLP and co-founder of ESSENCE, Lorna Turner, discusses why Social Enterprise Day is a good time to celebrate Exeter’s thriving social enterprise scene.
