Our South Dakota Footprint
Our impact in South Dakota starts with direct engagement in local communities.
The Citi Foundation in 2020 named 30 Community Development Financial Institutions (CDFIs) as recipients of a total of $15 million to support their efforts to provide small businesses with the vital resources needed to sustain their operations and support economically vulnerable households impacted by COVID-19. Citi is supporting Four Bands Community Fund to deliver programming aimed at building financial capability and greater access to capital for Native Americans across the state of South Dakota, and Lakota Funds to provide loan capital and technical assistance for businesses owned by tribal members across the Pine Ridge Reservation. Read More
The South Dakota Housing Development Authority issued $99 million in municipal bonds, partially underwritten by Bank of America, Citi, JPMorgan Chase, and Wells Fargo. The bonds help expand opportunities for homeownership in South Dakota.