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  • 1.  CDFI Grant - Do you vet them as a third party vendor?

    This message was posted by a user wishing to remain anonymous
    Posted 06-27-2023 04:20 PM
    This message was posted by a user wishing to remain anonymous

    Hi all, 

    I am finding limited information regarding whether or not financial institutions should classify the CDFI grant as a vendor and fully vet them? What, if any, parameters do you have set at your organization for grants. 

    Thanks!



  • 2.  RE: CDFI Grant - Do you vet them as a third party vendor?

    This message was posted by a user wishing to remain anonymous
    Posted 06-27-2023 05:25 PM
    This message was posted by a user wishing to remain anonymous

    Our program has exceptions for government agencies so we do not consider CDFI as a vendor on which due diligence is performed.  We do, however, perform due diligence on any vendor that is assisting with the CDFI process.


    Original Message