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Lenders/Locus Bank, Inc
Bank or Thrift

Locus Bank, Inc

7814 Carousel Lane, Suite 100, Richmond, VA 23294

Locus is a mission-driven financial institution based in Richmond, Virginia focused on creating positive social and economic impact through lending and investment. The organization provides financial solutions that generate both returns and community benefit. Locus serves as both a bank and an impact fund supporting underserved communities.

Loan products

community development loansimpact investment loanssmall business loans

Who qualifies

Eligible borrowers include community development organizations, nonprofits, and businesses aligned with Locus's mission of economic and social impact.

Focus areas

Nonprofit focusSmall business focus

Federally Certified CDFI

This institution is certified by the U.S. Department of the Treasury as a Community Development Financial Institution, meaning it is dedicated to providing fair financial services to underserved communities.

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Details

Type
Bank or Thrift
Location
Richmond, VA
Total assets
$343.8M
Established
2008
RSSD ID
3626858
Native CDFI
No
Languages
English