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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!
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