News & Updates
March 2022
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In This Edition:
- March Is Women's History Month
- Made Possible by IBank: California Science Center
- Meet Our New IBank Team Members
- Act Now to Benefit from IBank's Competitive Rates
- Clearinghouse CDFI Joins California’s Community Lenders Helping Small Businesses through IBank’s Loan Guarantees
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IBank, Financial Development Corporations Working Together to Help Small Businesses
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March Is Women's History Month |
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March is Women's History Month, and here at IBank we're shining a light on the contributions of women and celebrating the many important roles women have played throughout history.
At IBank, we value inclusivity — both internally and in how we serve the people of California.
More than half of our team members are women — including 40 percent of our managers — and 3 out of 5 members of IBank's Board of Directors are women.
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Made Possible by IBank: California Science Center
IBank bonds creating jobs and helping house the Space Shuttle Endeavour
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Meet Our New IBank Team Members |
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May Chanthakone
Loan Officer
May is a loan officer in IBank’s loan origination unit. She is responsible for supporting and performing credit underwriting activities for our loan programs. Before coming to IBank, May worked at the San Joaquin County Human Services Agency. She also spent time as a commercial credit analyst for Bank of the West. She has bachelor’s degrees in economics and business administration from Sac State.
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Lydia Workman
AGPA
Lydia is IBank’s new associate governmental program analyst for the loan origination unit. Prior to joining IBank, Lydia spent more than 15 years working in finance and lending. She started her career in retail branch banking with Union Bank and then moved into residential lending. She has a bachelor’s degree in biology from Fresno State.
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Who: Dan Adler, IBank’s Senior Advisor for Climate Finance, will be giving the keynote address
When: March 22, 2022
Where: The Sutter Club, Sacramento
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Who: Dan Adler, IBank’s Senior Advisor for Climate Finance, will be speaking at the event
When: March 28-29, 2022
Where: Kimpton Sawyer Hotel, Sacramento
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Request an IBank Speaker for Your Event!
IBank Deputy Director of External Affairs
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Act Now to Benefit from IBank's Competitive Rates |
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IBank offers low, competitive interest rates on infrastructure loans, and although our rates have remained stable — we know the landscape is changing.
Given the rising-rate environment, now is the time to benefit from IBank’s affordable rates.
When you do business with IBank, you get service with a personal touch from our small, focused team of dedicated experts that mirrors California’s diverse population.
We bring you decades of experience, are always quick to respond, and are deeply committed to helping all Californians.
If you have infrastructure projects we can help finance, please reach out to Lina Benedict at 916-341-6630 or Lina.Benedict@ibank.ca.gov.
We will set up a call with our infrastructure loan team to discuss how we can help bring your important infrastructure projects to reality.
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— Bond Buyer
— California Forward
To view IBank’s news releases, latest tweets, and articles, visit the IBank Newsroom. |
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Clearinghouse CDFI Joins California’s Community Lenders Helping Small Businesses through IBank’s Loan Guarantees
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Congratulations to Clearinghouse CDFI for becoming the latest community development financial institution to be certified to help California small businesses by participating in IBank's small business loan guarantee program.
Clearinghouse CDFI is a full-service, direct lender financing projects that create jobs and services to help people work, live, dream, grow, and thrive.
The company was established in 1996 to serve low-income and disadvantaged communities in Southern California.
If you’re a community development financial institution (CDFI) or minority depository institution and would like to join California’s community-based lenders in offering IBank’s Small Business Loan Guarantee program, please contact Megan Hodapp at SBFC-programs@ibank.ca.gov.
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IBank, Financial Development Corporations Working Together to Help Small Businesses |
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Did You Know? IBank would not be able to serve small businesses across California without the help of financial development corporations (FDCs).
In order to administer its loan guarantee programs, IBank partners with FDCs. The FDCs then work with a variety of lenders — including many that are community-based and/or mission driven.
Through this partnership, IBank provides loan guarantees — giving lenders confidence to issue loans to small businesses that otherwise struggle to access capital to start, grow, and succeed.
Together, IBank and the FDCs are:
- Removing barriers small businesses face when trying to access capital
- Supporting California’s small businesses
- Creating and preserving jobs
- Stimulating economic growth throughout California, including in underserved, low-resourced communities
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The IBank Team Is Growing
We'd love you to join us! We're looking for:
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