Under Threat, CDFIs Provide Vital Financial Support For Small Business Owners

Community Development Financial Institutions (CDFIs) play a critical role in filling gaps left by conventional banks, particularly in rural, tribal, and historically underbanked communities — many of the same places Local First focuses its work. When CDFIs are supported, small businesses can launch, grow and serve their communities. When they’re under threat, the ripple effects are immediate — and deeply personal.

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Move Your Money: How Your Banking Choices Can Fuel a Stronger Arizona

When you deposit your money in a bank, it doesn't just sit there — it goes to work. The question is, where is it working, and who is benefiting?

Financial empowerment is a key tenet of Local First Arizona’s work. From addressing the predatory lending practices of payday loans to improving access to capital, we are helping individuals, businesses and entire communities take control of their financial futures.  One of the easiest ways to create real impact? Moving your money to a local bank or credit union.

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Small Business Hiring and Retention Funding

The State of Arizona has launched the Back to Work Small Business Hiring and Retention Program. This $5 million program is designed to assist small, locally owned or operated businesses hire and retain employees; the program also has a special focus on businesses that have been affected by the recent wildfires and flooding.

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