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Starting a Community Development Corporation. Brian Fogle Vice President Community Development Great Southern Bank. Focus on the Needs. Have a Framework First. Key Leaders. Banks. “It’s where the money is.” Willie Sutton. Who will service and administer?. Additional Considerations.

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Starting a community development corporation

Starting a Community Development Corporation

Brian Fogle

Vice President

Community Development

Great Southern Bank





Banks

Banks

“It’s where the money is.”

Willie Sutton






For what it s worth1
“For what it’s worth”

  • If you build it, they may not come

  • The challenge of loan-loss reserve

  • Focus, focus, focus

  • What to do if you are successful?

  • Reporting to investors

  • Flexibility


For what it s worth2
“For what it’s worth”

  • Banker comfort zones

  • Creativity and CDCs

  • The 3 C’s – “2 out of 3 ain’t bad”

  • The myth of “for profit”

  • IT WORKS!


Brian FogleVice PresidentCommunity DevelopmentGreat Southern BankP.O. Box 9009 Springfield, MO 65808(417) [email protected]


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