CNote | Community Banking
Bank on Change: Diversifying Deposits for Financial Stability and Social Impact
In an ever-changing financial landscape, managing assets effectively is a priority for treasury professionals. Balancing risk and reward is crucial, and diversification has become an essential tool for risk mitigation. At the same time, treasurers are increasingly recognized as change agents driving corporate social responsibility. With cutting-edge technology at their fingertips, treasurers can now easily…
Innovating pathways to wealth creation for women of color entrepreneurs: a Wisdom Fund update
Co-authored by CNote’s VP of Business Development, Danielle Burns and CNote’s Director of Impact Evaluation, Tamra Thetford. Women of color (WOC) entrepreneurs continue to face intersectional and systemic barriers — such as discrimination, bias, and a lack of networks — that limit their access to capital. Business ownership is a powerful wealth-building tool, and supporting…
CNote Closes Series A Investment, Cementing the Women-Led Impact Platform’s Leadership in Closing the U.S. Wealth Gap Through Financial Innovation
CNote Closes Series A Investment, Cementing the Women–Led Impact Platform’s Leadership in Closing the U.S. Wealth Gap Through Financial Innovation September 19, 2022 // Oakland, CA // Building on the momentum of its impact platform—already adopted by corporate leaders including Apple, Mastercard, Netflix and PayPal as a scalable way to address wealth inequality in the…
5 Crucial Differences Between CDFIs and Traditional Banks
There are many American communities that are underserved by the traditional banking industry. Low-income and minority communities typically experience the most lack of access to quality financial products and services. According to a 2018 FDIC survey, 22 percent of households are underbanked or unbanked. This means that these individuals have no formal relationship with a…
Wealth Inequality: The Secret Cost of Unequal Access to Credit
America, “the land of equal opportunity”, isn’t delivering on its promise for the 90 percent that find themselves on the wrong side of the ever-widening wealth gap. In fact, the United States has a level of wealth inequality between the rich and poor that is larger than any other major developed country. According to the…
CNote CEO Catherine Berman Selected for InvestmentNews’ 2020 Icons and Innovators List
The entire CNote team is proud to announce that Cat Berman, our brave and inspiring leader, was selected as one of ten innovators driving change in the financial services industry! Read the full release below. OAKLAND, Calif., February 13, 2020 (Newswire.com) –InvestmentNews has recognized Catherine Berman as a 2020 Icons and Innovators honoree. Catherine was…
How to Get Started Investing With Self-Directed IRAs
The Complete Guide to Self-Directed Individual Retirement Accounts (IRAs) Individual Retirement Accounts aren’t sexy. What is sexy, however, is retiring with enough money to live your best life after decades of hard work. Today, we’re going to cover how you can leverage self-directed IRAs to invest in non-standard assets that may help diversify away some…
The Pig & The Penny
Did you grow up with a piggy bank? You know, the pink kind that smiles end to end as you proudly plop each copper penny into its thin slat? Plunk. Plink, plink. Yep, me too. But, what I’ve come to realize is the psychology behind that little pig is much broader than I thought. To…
The Good Guys of Finance. (Yes, they exist)
Having worked in both venture capital and financial services, I have seen some of the best and worst faces of finance. But there is one financial segment that is largely ignored and vastly under-celebrated. I call them “the good guys of finance” for many reasons, but also because it’s easier than their name: CDFI.CDFIs, or…