Thank you for your interest in joining 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 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 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

Individuals: £75 + VAT

All individuals who wish to involve themselves with the CDFA’s pool of consultants can join at the fee of £75, following an application and due diligence/interview.

Non-profit: £275 + VAT

This includes other third sector orgs with which we share an affinity, that can join at the fee of £275 or as an in-kind relationship of mutual benefit for no fee (to be determined by CDFA Membership team). This will allow us to achieve a wider base of membership by truly reflecting the partnerships we have been cultivating – for example NCVO, ACEVO, SEUK, SEC, NPC – at the same time as benefitting from those organisations’ position and perspective from outside the sector.

Corporate: £1,000 + VAT

This allows for-profit companies to contribute to the CDFA’s work in the community finance arena, for a fee of £1,000.

CDFI-beneficiary: £20 + VAT

This new category will be introduced during 2012 as an option our members can choose to implement as part of their loan application process. They would ask that their loan recipients join the CDFA for the duration of their loan, at the nominal fee of £20 per year.

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