News & Media

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First Community Capital helps small businesses, underserved communities in Inland Empire

Mar, 29 2024

Financial intuitions are not immune to economic challenges, however, this organization is seeing an upswing.

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First Community Capital Reports Significant Year-End Achievements and Growth for 2023

Mar, 20 2024

First Community Capital (FCC), proudly certified by the US Department of the Treasury as a Community Development Financial Institution (CDFI), is thrilled to report substantial achievements and financial growth for the year ended 2023. As a dedicated non-profit economic development institution, FCC has steadfastly championed economic justice and opportunity, dedicating its efforts to support economically disadvantaged small businesses and Low- and Moderate-Income individuals, particularly focusing on Black, Indigenous, and People of Color (BIPOC).

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CFPB Report Finds Large Banks Charge Higher Credit Card Interest Rates than Small Banks and Credit Unions

Feb, 17 2024

Switching to a lower rate could save the average borrower hundreds of dollars per year

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How Unconscious Bias in Health Care Puts Pregnant Black Women at Higher Risk

Dec, 12 2023

Many Black women report feeling ignored or dismissed by doctors. The consequences can be deadly for mothers and babies.

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5 Biggest Challenges Facing Small Businesses Right Now

May, 12 2023

Inflation, high interest rates, and access to credit are just a few of the challenges that keep small business owners awake at night.

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First Community Capital, Inc. certified as a Community Development Financial Institution

Oct, 10 2023

(Inland Empire, Calif.) The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) has certified First Community Capital, Inc. as the first and only Community Development Financial Institution (CDFI) located in Southwest Riverside County. First Community Capital serves Southern California and Arizona. Community Development Financial Institutions play an important role in generating economic growth and opportunity in some of our nation’s most distressed communities. By offering tailored resources and innovative programs that invest federal dollars alongside private sector capital, the CDFI’s take a market-based approach to supporting economically disadvantaged communities.

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Giving Loans that Transform Lives

May, 10 2023

Fourteen years ago, JAY (OFORI) DIALLO ’08 planned to serve with the United Nations or World Vision, but he has pursued a different path with the same passion to help the less fortunate. Since earning a degree in political science from Westmont, he has spent his entire career in banking, transforming the lives of economically disadvantaged people in his community.

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