AP NEWS

Community Reinvestment Fund, USA Names Seven to Board of Trustees

February 12, 2019

MINNEAPOLIS--(BUSINESS WIRE)--Feb 12, 2019--Community Reinvestment Fund, USA (CRF) – a mission-driven non-profit lender dedicated to improving communities and transforming lives – is pleased to announce the election of seven new members to its Board of Trustees. These seven individuals come from broad backgrounds in community development, finance and small business services, bringing more than 100 years of combined experience to the CRF board.

New board members include:

David Adame – President and CEO | Chicanos Por La Causa, Phoenix, Ariz.

Gavin Borowiak – Division Manager, Midwest & Government /Not-for-Profit for Business Banking | JP Morgan Chase Bank N.A., Minneapolis, Minn.

Beatrice Kelly – Operations Director, Vice President, Community and Economic Development | Fifth Third Bank, Cincinnati, Ohio

Steven Kent – Managing Director, Vice Chairman | Piper Jaffray & Company, Chicago, Ill.

Bill Krugler – President | Milwaukee Community Business Collaborative, Inc. DBA Milwaukee JobsWork, Milwaukee, Wis.

Dr. Willie Logan – Founder, CEO and President | Opa-locka Community Development Corporation, Opa-locka, Fla.

Andy Posner – Founder and CEO | Capital Good Fund, Providence, R.I.

“We are excited to welcome our talented new board members and are looking forward to all the expertise and guidance that they will bring to CRF’s work,” said Frank Altman, co-founder and CEO of CRF. “We would also like to thank our departing board members for their commitment to CRF and their contributions during their terms.” CRF’s Board of Trustees is responsible for guiding the 30-year-old nonprofit as it elevates opportunity for people living and working in communities with economic challenges. Since 1988, CRF has helped finance 1,700 small businesses nationwide, creating more than 85,000 jobs and serving more than 1.8 million people.

About Community Reinvestment Fund, USA (CRF) Founded in 1988, Community Reinvestment Fund, USA (CRF) is a national non-profit organization with a mission to empower people to improve their lives and strengthen their communities through developing innovative financial solutions. A leading Community Development Financial Institution (CDFI), CRF supports other mission-driven organizations, increases economic mobility, and builds strong local economies through the development of solutions aimed at creating an equitable financial system. CRF has injected more than $2.4 billion to stimulate job creation and economic development and support community facilities. For more information, visit www.crfusa.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190212005696/en/

CONTACT: Belletrist Communications

David Hlavac, 612-803-3350

david@belletristcommunications.com

KEYWORD: UNITED STATES NORTH AMERICA MINNESOTA

INDUSTRY KEYWORD: SMALL BUSINESS PHILANTHROPY PROFESSIONAL SERVICES BANKING FINANCE OTHER PHILANTHROPY

SOURCE: Community Reinvestment Fund, USA

Copyright Business Wire 2019.

PUB: 02/12/2019 12:00 PM/DISC: 02/12/2019 12:01 PM

http://www.businesswire.com/news/home/20190212005696/en

AP RADIO
Update hourly