PARTNER WITH DEVON BANK
Put your CRA strategy to work in Chicago communities
As an FDIC-designated Minority Depository Institution, Devon Bank offers financial institutions opportunities to support community development through deposits, loan participations and collaborative community initiatives. Partnering with Devon helps expand access to capital and financial services in the diverse communities we serve.
PARTNERSHIP OPPORTUNITIES
Four ways to partner with Devon Bank
MDI Deposits
Financial institutions can place deposits with Devon Bank to support an FDIC-designated Minority Depository Institution and help expand access to capital in the communities we serve.
Loan Participations
Participate in Devon Bank loans supporting affordable housing, economic development, community services and neighborhood stabilization while helping advance your institution's CRA objectives.
Equity Investments
Explore equity investment opportunities with Devon Bank that support an FDIC-designated Minority Depository Institution and help expand access to capital in the communities we serve.
Community Partnerships
Collaborate with Devon Bank on community development initiatives, financial education and programs that expand access to financial resources in the communities we serve.
OUR IMPACT
See what partnership can make possible
For more than 80 years, Devon Bank has worked to expand access to financial services and capital in the communities we serve. Our impact reflects the families, businesses and organizations strengthened through community-focused banking.
$1.29 Million
2025 ITIN Home Loans
$6.9 Million
2025 Home Possible® and HomeReady® Loans
28 Families
Purchased Homes
Through These Programs
COMMUNITY IMPACT
Creating opportunity where it matters
INVESTING IN SMALL BUSINESS
Helping local businesses grow and create opportunity
Devon Bank helped CMB Catering access the financing and resources needed to grow its business, including SBA financing and an FHLB Chicago Accelerate Grant that supported the purchase and outfitting of a food truck. The result is more than business growth; it is an investment in jobs, entrepreneurship, and opportunity in the communities we serve.
Partnership with Devon helps extend this impact even further.
EXPANDING HOMEOWNERSHIP
Helping more families find a path to homeownership
Devon Bank expands access to homeownership through lending programs designed to serve borrowers who may not be reached by traditional mortgage products. In 2025, Devon provided $1.29 million in ITIN home loans and $6.9 million in Home Possible® and HomeReady® loans, helping more families find a path to homeownership. Eligible homebuyers may also have access to down payment assistance and other programs designed to help make homeownership more attainable.
Partnership with Devon helps expand access to homeownership in the communities we serve.
WHY PARTNER WITH A CHICAGO MDI?
Put your capital to work in the communities we serve
Deposits and other institutional partnerships with Devon Bank help provide the capital that supports lending and community development throughout the markets we serve. As an FDIC-designated Minority Depository Institution, Devon offers financial institutions and other organizations a way to align their capital with meaningful community impact.
Deposits & CDs • Loan Participations • Equity Investments • Community Development Partnerships
PARTNER WITH DEVON BANK
Let's explore how we can work together
Whether you are looking to place deposits with an MDI, explore loan participation or equity investment opportunities, or support community development initiatives, we welcome the opportunity to discuss how Devon Bank can work with your organization.