Cameron County Community Development
The Rio Grande Valley Multibank (RGVMB) is a Community Development Financial Institution (CDFI) founded in 1995, dedicated to providing financial products and development services, particularly in the areas of affordable housing and consumer lending within the Rio Grande Valley. The organization offers a viable alternative to high-cost payday and car title loans, with all earnings reinvested into expanding its programs and lending capital.
Established in 2011, the Community Loan Center (CLC) provides low-interest, low-fee personal loans to residents in need, with a mission to promote financial stability among borrowers. With a commitment to supporting employees, RGVMB allows participating employers to offer automated loan repayment options, enhancing employee retention and overall productivity.
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