cdfa / Membership / Types of membership

Types of membership

Thank you for your interest in joining the cdfa. We are in the middle of revising our membership and supporter structure, and will provide an expanded description of these shortly.  Meanwhile, please see below for the basic criteria, and feel free to call us to discuss further.

Member

To be a cdfa member, your organisation must:

  • have a commitment to community or economic development within disadvantaged communities or within markets that are not adequately served by mainstream financial service providers.
  • engage in financial service provision as principal or agent.
  • be independent and non-governmental.
  • be committed to continued professional and organisational development, which can be demonstrated through reaching appropriate performance levels within a realistic time frame.
  • demonstrate accountability and transparency to its stakeholders including its target community.
  • demonstrate responsible lending and business practices, including having a plan for long-term sustainability.
  • have a track record in financial services provision over a period of at least twelve months.
  • comply with our Code of Practice demonstrated by submission of documentation of adoption by members’ Boards.
  • seek to measure itself against the benchmarks developed by the cdfa.

If the applicant is a subsidiary of a larger organisation, the parent company must also fulfil criteria 1 and 3.

Alternatively, if you support the aims of community development finance, you can join the cdfa as a supporter to benefit from briefings and networking opportunities from cdfa.

Non-profit Supporter

  • May be an individual or non-profit organisation, and must support the aims of community development finance.

Corporate Supporter

  • Must support the aims of community development finance.

 

Read more about the benefits of membership.


Membership fees

Fees are annual and due in January of each year. All fees are subject to VAT.

Members

Outstanding portfolio:

Under £500,000: £500

£500,000 to £1 million: £1,000

Over £1 million: £1,500

Supporters

Individual: £75

Third Sector: £275