Founded in 2004 and certified as a B Corporation, Impact Deposits Corp. provides a unique, socially responsible cash management solution. The company connects institutional depositors—such as corporations, foundations, universities, and municipalities—with a network of community development banks across the United States. This service allows large depositors to secure multi-million-dollar FDIC insurance coverage on their funds by distributing them across multiple institutions while simultaneously channeling capital to underserved communities to support local lending and economic development.

Founded in

United States