“As KeyBank marks two centuries of service, we are proud to invest in organizations that share our mission of creating lasting, positive change in the communities we serve,” says Eric Fiala, CEO of the KeyBank Foundation and the bank’s chief corporate responsibility officer. “These grants celebrate these organizations that foster economic empowerment, business growth, and financial stability, and help build and sustain neighborhoods block by block.”
CILC was created in 2001 mainly to service home loans, and in 2020 it expanded into small business financing.
“We are deeply grateful to KeyBank for investing in the financial health of Alaska’s communities,” says CILC President and CEO Jeff Tickle. “This grant strengthens our Financial Wellness Program, which helps individuals and families build credit, reduce debt, and take confident steps toward homeownership, creating small businesses and long-term financial stability.”
CILC has operated as a Native CDFI since 2007. By helping people buy homes, access affordable consumer credit, and start businesses, CDFIs support the financial health of underserved communities.