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Community Development Financial Institution Cdfi Jobs

BancForce

Banking Operations Processor

Los Angeles, CA · On-site

$20 - $22.50/hr

As a certified Community Development Financial Institution (CDFI), the Bank focuses on expanding access to affordable financial services, promoting financial literacy, and helping individuals and ...

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Community Development Financial Institution Cdfi information

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$29K

$53.4K

$81K

How much do community development financial institution cdfi jobs pay per year?

As of Jul 6, 2026, the average yearly pay for community development financial institution cdfi in the United States is $53,418.00, according to ZipRecruiter salary data. Most workers in this role earn between $42,500.00 and $60,000.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive at a Community Development Financial Institution (CDFI), and why are they important?

To thrive at a Community Development Financial Institution (CDFI), you need a strong background in finance, lending, and community development, often supported by a relevant degree or experience in banking or nonprofit finance. Familiarity with financial analysis tools, loan underwriting software, and compliance systems such as CDFI Fund reporting is typically required. Excellent communication, relationship-building, and problem-solving skills are crucial for engaging underserved communities and building trust. These skills ensure that CDFIs effectively deliver financial services and support economic growth in disadvantaged areas.

What is the difference between Community Development Financial Institution Cdfi vs Loan Officer?

AspectCommunity Development Financial Institution (CDFI)Loan Officer
CredentialsVaries; often requires financial or community development experienceTypically requires a bachelor's degree in finance, business, or related field
Work EnvironmentNonprofit or financial institutions focused on community developmentBanking or lending institutions, working directly with clients
Employer & IndustryFinancial institutions dedicated to underserved communitiesBanks, credit unions, or lending companies

While CDFIs focus on providing financial services to underserved communities and often involve community development expertise, Loan Officers primarily evaluate and approve individual loan applications within banking institutions. Both roles require financial knowledge, but CDFIs emphasize community impact, whereas Loan Officers focus on credit assessment and lending processes.

What are Community Development Financial Institutions (CDFIs)?

Community Development Financial Institutions (CDFIs) are specialized organizations that provide financial services in low-income communities and to people who lack access to traditional banking. They include credit unions, loan funds, banks, and venture capital providers focused on fostering economic growth and opportunity. CDFIs support affordable housing, small businesses, and community facilities, often working with individuals and businesses that may not qualify for conventional loans. Their mission is to promote economic revitalization and community development, particularly in underserved areas.

What are the typical daily responsibilities of a professional working at a Community Development Financial Institution (CDFI)?

Professionals at CDFIs typically spend their days evaluating loan applications, conducting due diligence on potential borrowers, and working closely with underserved communities to identify financial needs. They often collaborate with local organizations, government agencies, and other stakeholders to develop and implement programs that increase access to capital. Additionally, CDFI staff monitors ongoing projects, provides technical assistance to clients, and ensures compliance with regulatory and reporting requirements. The role requires strong communication skills and a passion for community impact.
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Community Development Financial Institution Cdfi jobs near you

President / Chief Executive Officer Oswego County FCU (City of Oswego)

The Credit Union Connection, LLC.

Oswego, NY • On-site

$190K - $275K/yr

Full-time

Posted 2 days ago

Job description

About Oswego County FCU

Founded in 1975, Oswego County FCU is a member‑owned, not‑for‑profit financial cooperative association dedicated to providing quality financial products and services delivered in a professional, courteous and timely manner. The Credit Union is dedicated to their membership and is a Community Development Financial Institution (CDFI) with 14,000 members and is currently building their 6th branch in Oswego County. They have become one of the strongest financial institutions in the area and have been voted “Best Credit Union and Financial Institution in Oswego County”. Everything we do is to help members thrive and better the communities we serve. At Oswego County FCU, our members and employees are a family and the credit union motto of “People Helping People” is not some fancy slogan, it’s something we believe in and practice every day!

Position

Due to the upcoming CEO retirement, Oswego County Federal Credit Union is in search of a community driven executive to join their team as the next President / Chief Executive Officer. The new CEO must have the ability to work collaboratively with the Board of Directors and the team to drive the organization’s vision and values to ensure its continued financial health, outstanding service, and strong community presence in the marketplace. They will be responsible for establishing and executing major goals and objectives of the Credit Union and interpreting and implementing policies and procedures established by the Board of Directors. They will provide leadership, direction, and guidance of credit union activities; analyze the effectiveness of all operations; and develop and maintain organizational structure and effective personnel. They will also drive the strategic planning process and represent Oswego County Federal Credit Union to regulatory agencies, trade associations, community and civic organizations, members, and other financial institutions.

Qualifications

The ideal candidate should be an inspirational and tech‑savvy leader, effective strategist with excellent communication skills who is devoted to the vision, strategy, community involvement and culture of the Credit Union. The successful candidate must possess a bachelor’s degree, at least ten years of progressive experience in the industry with five years’ experience leading a financial institution as a senior executive. Master’s degree and/or additional certifications a plus.

Compensation

Compensation: $190,000 – $275,000 base salary plus benefits.

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