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Community Development Banking Jobs in Raleigh, NC

HomeTrust Bank

Medical Banking Officer

Raleigh, NC

Perform business development activity through external calling efforts on existing clients and ... About HomeTrust Bank HomeTrust Bank, founded in 1926, is a North Carolina chartered, community ...

M&F Bank

SBA Operations Manager

Durham, NC

$80.70K - $111.10K/yr

The Bank's mission is a commitment to promoting personal and community development and we remain true to these values. Helping individuals, businesses, and community institutions grow and develop are ...

HomeTrust Bank

SBA Business Development Officer

Raleigh, NC

$81.20K - $111.80K/yr

Job Summary The SBA Business Development Officer will be responsible for sourcing a government ... About HomeTrust Bank HomeTrust Bank, founded in 1926, is a North Carolina chartered, community ...

Towne Bank

Commercial Banking Officer

Raleigh, NC · On-site

Assists with the development of commercial loan business, deposits, and non-interest income. * Participates in civic and professional activities to enhance the bank's visibility in the community.

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$34.5K

$74K

$115.2K

How much do community development banking jobs pay per year?

As of May 28, 2026, the average yearly pay for community development banking in Raleigh, NC is $74,046.00, according to ZipRecruiter salary data. Most workers in this role earn between $56,900.00 and $88,900.00 per year, depending on experience, location, and employer.

What is a Community Development Banking job?

A Community Development Banking job focuses on providing financial services and investment to underserved communities, promoting economic growth and stability. Professionals in this field work with local businesses, nonprofits, and government agencies to support affordable housing, small business development, and community revitalization efforts. They help structure loans, grants, and other financial products tailored to meet the unique needs of low-income communities. Their goal is to increase financial inclusion and foster long-term economic sustainability.

What are the key skills and qualifications needed to thrive in the Community Development Banking position, and why are they important?

To thrive in Community Development Banking, you need a background in finance, knowledge of community reinvestment laws, and experience with lending or credit analysis, often supported by a bachelor's degree in finance, economics, or a related field. Familiarity with loan origination systems, credit risk assessment tools, and Community Reinvestment Act (CRA) compliance software is typically required. Strong relationship-building, interpersonal communication, and problem-solving skills help individuals stand out in this field. These skills are crucial for effectively supporting under-served communities while managing financial risk and ensuring regulatory compliance.

What are the primary responsibilities of a Community Development Banking professional on a day-to-day basis?

Community Development Banking professionals typically work with local organizations, small businesses, and individuals to structure loans and financial solutions that support community revitalization and economic growth. Their day-to-day tasks may include evaluating loan applications, conducting outreach to identify development opportunities, and ensuring compliance with relevant regulations such as the CRA. They often collaborate with internal credit teams, nonprofit partners, and government agencies to advance community-focused projects. This role offers a dynamic mix of client interaction, financial analysis, and impact-driven work aimed at making a positive difference in the communities served.

Is community banking a good career?

Community development banking involves providing financial services and support to local communities, often focusing on affordable housing and small business development. It offers opportunities for meaningful work, relationship-building, and requires skills in finance, communication, and community engagement. Career growth can depend on experience, certifications, and the size of the organization.
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Community Development Banking jobs near you
Infographic showing various Community Development Banking job openings in Raleigh, NC as of May 2026, with employment types broken down into 75% Full Time, and 25% Nights. Highlights an 100% In-person job distribution, with an average salary of $74,046 per year, or $35.6 per hour.

Community Development Lending Manager

First Horizon Bank

Raleigh, NC • On-site

Full-time

Medical, Dental, Vision, Retirement

Posted 21 days ago

First Horizon Bank rating

8.3

Company rating: 8.3 out of 10

Based on 30 frontline employees who took The Breakroom Quiz

33rd of 141 rated banks

Job description

Location: On site at location listed in job posting. 

Summary

Responsible for all aspects of community development lending and investments data collection and reporting to support the bank’s compliance with the Community Reinvestment Act (CRA); providing training and guidance to market leadership and bank staff on qualified community development lending activities; working with the Treasury Department and tax credit investment team to identify qualified community development investments that are complex and/or innovative; serving as the team lead for the bank’s CRA retail products.

Essential Duties and Responsibilities

  • Manage the Community Development Loan and Investment Data Analysis and Reporting Function for the CRA team on a monthly basis via the Kadince application
  • Monitor annual goals & report monthly progress to targets for the CRA Community Development Loans and Investments tests; evaluate annual goals through external benchmarks and other sources (e.g., bank PEs)
  • Identify any significant gaps in Community Development Loan and Investment performance and develop strategies to achieve annual goals
  • Provide monthly monitoring reports for Community Development Loans and Investments to all relevant business areas
  • Oversee data gathering, analysis and reporting on all CRA related Community Development Loans and Investment activities
  • Maintain the Community Development Loan portfolio monitored in the ACBS loan system and update as necessary
  • Conduct community development lending training and serve as a subject matter expert for the qualifiers of Community Development Loan and Investment activities
  • Assist with conducting of annual CRA performance self-assessment
  • Assist with conducting of CRA examination preparation
  • Participate in management of CRA examinations
  • Help manage internal audits
  • Maintain/manage content of CRA intranet site in conjunction with IT
  • Manage the CRA programs for Individual Development Accounts and Federal Home Loan Bank grants, coordinate annual submission to Bank On National Data Hub, and complete other assigned project(s)
  • Performs all other duties as assigned

Qualifications

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Additionally, the qualifications listed below are representative of the knowledge, skills, and/or abilities required in this position:

Bachelor (4-year college) degree and 5+ years of direct CRA experience

About Us
First Horizon Corporation is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states across the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services. First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank. More information is available at www.FirstHorizon.com. 

Benefit Highlights
• Medical with wellness incentives, dental, and vision
• HSA with company match
• Maternity and parental leave
• Tuition reimbursement
• Mentor program
• 401(k) with 6% match
• More -- FirstHorizon.com/First-Horizon-National-Corporation/Careers/Our-Benefits

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