Pennsylvania Community Development Bank (PCD Bank)

The purpose of the Pennsylvania Community Development Bank is to provide grant funding and liquidity financing for State Accredited Community Development Financial Institutions (CDFIs).

The Pennsylvania Economic Development Financing Authority (PEDFA), through an operational Committee of the Board, administers the Pennsylvania Community Development Bank (PCD Bank). PCD Bank is a local, non-governmental organization that meets certain requirements under the Federal Community Development Banking and Financial Institutions Act of 1994. Authorized by PEDFA, the PCD Bank’s purpose is to enhance the organizational capacity of the Community Development Financial Institutions (CDFIs), allowing them to expand their operations or offer improved services resulting in increased lending activities.

Operational Committee Members

Honorable Dennis M. Davin

Secretary, Department of Community and Economic Development

Honorable Joseph Torsella

State Treasurer

Honorable Robin Wiessmann

Secretary of Banking & Securities

John E. Noone

Honorable Jaret Gibbons

House of Representatives

Honorable Jay Costa

Senate of Pennsylvania

Honorable Justin Simmons

House of Representatives

Raymond A. Davis

Dr. Howard Slaughter, Jr.

Livia H. Smith

Gregg R. Aversa

Samuel Milliner

Richard A. Jones

James A. Miller