Overview:

SourceEnergy Bank & Trust (SE B&T) is a financial institution that provides banking and financial services to underserved communities in the United States and the Caribbean. SE B&T is a certified Community Development Financial Institution (CDFI), which means it is committed to serving low- and moderate-income communities that have historically been overlooked by traditional financial institutions. SE B&T’s mission is to help these communities gain access to affordable financial services, build wealth, and achieve financial stability.

Investment Opportunities:

SE B&T is currently seeking investors to help fund its expansion into new markets and to support its ongoing operations. The following investment opportunities are available:

1. General Partnership Stake in Local CDE – SE B&T is seeking investment partners to help establish a local Community Development Entity (CDE) that will serve as a platform for the bank to provide affordable credit and financial services to underserved communities. This investment will provide investors with an opportunity to participate in the growth and development of the local CDE, as well as to earn a return on their investment.
2. Saturation Point – Once the SE B&T local entity reaches its saturation point of 5,000 members, each member will have contributed $1000, which will serve as capital to the bank. Investors can contribute to this effort to help SE B&T achieve this goal and to benefit from the growth of the bank.

Member Benefits:

SE B&T members will have access to a range of financial services, including savings accounts, checking accounts, loans, and other financial products. In addition, SE B&T will provide its members with access to financial education and counseling services to help them manage their finances and achieve their financial goals. SE B&T will also offer its members access to family trusts and other financial products to help them build generational wealth.

CDFI Multiplier Effect:

CDFI investments have been shown to have a significant multiplier effect on local economies. For every dollar invested in a CDFI, an estimated $3 to $5 of economic activity is generated in the local community. This multiplier effect is the result of increased economic activity and job creation that results from the investments made by CDFIs.

Investment Returns:

SE B&T is committed to providing its investors with a fair return on their investment. The specific return on investment will depend on the investment opportunity selected, but SE B&T is committed to providing its investors with a competitive return that reflects the risk and potential return of the investment.

Conclusion:

SE B&T provides investors with an opportunity to make a positive impact on underserved communities while also earning a fair return on their investment. SE B&T’s mission to provide affordable financial services to low- and moderate-income communities is aligned with the goals of the CDFI program and represents a sound investment opportunity for socially responsible investors.