|
|
Shorebank Enterprise Cascadia
Two community development financial institutions, Cascadia Revolving Fund and ShoreBank Enterprise Pacific, merged to leverage the strengths of both organizations. Because of the unique nature of the nonprofit financial industry, the newly merged organization developed rigorous new measures of impact and efficiency. Loan production, the organizations’ main output, grew from $6.5 million to $16 million in the first year after the merger. As a merged organization, ShoreBank Enterprise Cascadia delivers greater impacts on the economic, social and environmental health of rural and urban communities in the Pacific Northwest and beyond.
Contact:
John Berdes, President
(503) 791-5197, jberdes@sbpac.com

Ilwaco, Washington
|
|