Who We Are
The McLennan Community Investment Fund (McCIF) is a Texas Nonprofit Economic Development Corporation created with the primary purpose of lending to unbanked or underbanked small businesses located in or owned by those who reside in specific census tracts in McLennan County, TX. As an emerging Community Development Financial Institution or CDFI, numerous benefits to micro-enterprises, small businesses, and non-profit organizations are available through loans and business development programs.
Although we can provide lending and business development services to a bank’s existing depositors, McCIF is not a substitute for or competitor of the banks located in our community. Indeed, the support of our banks will be critically important to some of their customers who are not quite eligible for a traditional bank loan based on the small amount requested, the potential borrower’s credit history, or other important factors.
We invite you to call our office at (254) 400-5480 with your questions.
Below is a snapshot of the members of our Board of Directors, Advisory Board, and staff.
Our Board of Directors:
Each of these members of the Board of Directors serve without compensation and is committed to the success of the organization, as well as to its goal of becoming a CDFI. The Board of McCIF share the belief that a greater participation and improved access to the financial and banking system of those who were historically disparaged is paramount in improving economic activity and the wellbeing of the citizens of McLennan County as a whole.
Our Advisory Board:
Our staff is here to share their expertise with those who inquire about the small business loans available through McCIF.