Appalachian Community Federal Credit Union (ACFCU) is dedicated to providing leadership in community and economic development to underserved individuals and businesses that lack adequate access to capital, high quality financial services and financial counseling in its service areas of northeast Tennessee, southwest Virginia, and eastern Kentucky.
What is a CDFI?
Community Development Financial Institutions are mission-driven financial institutions that are dedicated to providing financial services to meet the needs of economically disadvantaged individuals within underserved communities. We invest in local communities who need financial services which may be unavailable to them. As a CDFI, we are certified by the U.S. Department of the Treasury. To qualify, we must have a primary mission of promoting community development, providing financial products and services, serving one or more defined low-income target markets, maintaining accountability to the community we serve and being a legal non-governmental entity.
As a CDFI, we must have a mission that serves low income communities. We are a part of a national network promoting economic growth in America’s underserved communities. Appalachian Community Federal Credit Union puts the community first and values local economic growth.