News & Press
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RSB Receives CDFI Certification
December 2014: The U. S. Department of the Treasury has recently certified Richland State Bank as a Community Development Financial Institution (CDFI). CDFI certification means that an organization meets the following criteria: having a Primary Mission of promoting community development; predominantly serving and maintaining Accountability to eligible Target Markets; being a Financing Entity; providing Development Services; and being neither a government entity nor controlled by a government entity.
The CDFI Fund's mission is to increase economic opportunity and promote community development investment for underserved populations and distressed communities in the United States.
Richland State Bank is extremely proud to have received this designation, and we remain committed to our long-standing core values of community service and development.