Mission Driven Bank Fund

Investing in a stronger financial system through mission-driven banks

Stronger Banks, Stronger Communities

The Mission Driven Bank Fund works to foster a stronger and more inclusive banking system by investing in mission driven banks that provide credit and financial services to lower-wealth communities, rural communities, and communities of color across the United States.

The 300 mission driven banks across the country, including Minority Depository Institutions (MDIs) and Community Development Financial Institutions (CDFIs), play a critical role in expanding access to credit in traditionally unbanked communities. They drive access to wealth and income building opportunities – owning a home, expanding a small business, buying land - for people and families who have otherwise been left out of the financial system.

The fund seeks to drive significant growth and financial resiliency in the mission driven bank sector that translates into demonstrated progress in closing the racial wealth gap over the fund’s life.

Learn more about the fund on the MDBF official website.

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“Mission Driven Banks have an enormous opportunity to drive a more inclusive, equitable economy and reduce and eliminate chronic racial income and wealth gaps.” – Fred Cummings, President and Founder, Elizabeth Park Capital Management and Jennifer Pryce, CEO, Calvert Impact

Partners

The Mission Driven Bank Fund is a collaborative effort. Leading U.S. Bank specialist Elizabeth Park Capital Management and impact investing pioneer Calvert Impact are co-general partners, while Strategic Value Bank Partners serves as a sub-advisor. Microsoft and Truist Financial provide anchor investments.

Calvert Impact Capital, Inc., a 501(c)(3) nonprofit and a subsidiary of Calvert Impact, Inc., offers the Community Investment Note. Calvert Impact Climate, Inc., a 501(c)(3) nonprofit and a subsidiary of Calvert Impact, Inc., offers the Cut Carbon Note. The Community Investment Note and Cut Carbon Note are subject to certain risks, are not mutual funds, are not FDIC or SIPC insured, and should not be confused with any Calvert Research and Management-sponsored investment product. The Community Investment Notes and the Cut Carbon Notes are debt securities subject to the terms, conditions and risks described in the current prospectus, prospectus supplement(s) and pricing supplements, as applicable, including risk of possible loss of the amount invested. Payment is dependent on the issuer’s financial condition at the time payment is due. Any decision to invest in these securities through this Site should only be made after reading the applicable prospectus, prospectus supplement(s) and pricing supplement or by calling 800-248-0337.

This is not an offer to sell you our securities and we are not soliciting you to buy our securities. The offering is made solely by the Prospectus. We will offer and sell our securities only in states where authorized.