About Us

Community Development Bank was founded in 1906 and purchased by three non-profit Community Development Corporations in 2001. A for-profit financial institution owned by non-profit Community Development Corporations is very unique and brings significant economic development resources to the communities we serve.

We generously support local non-profit organizations, fundraisers and student groups with financial contributions. Additionally, we provide scholarships and internship opportunities to local high school and college students. You’ll regularly see our staff volunteering at community events, coaching youth sports or serving on local non-profit boards. 

When you bank with us, you’re supporting a wide variety of community initiatives and local economic development. We are excited about the future and look forward to continuing our work with loyal partners and customers to make our communities great places to live, work and raise a family. 

Core Values

Mission Statement

Achieving success by building lasting relationships and delivering innovative financial solutions with exceptional customer service.

Connect with Us 

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Midwest Minnesota Community Development Corporation
119 Graystone Plaza, Suite 100
Detroit Lakes, MN 56501
Phone: (218) 847-3191 
Fax: (218) 844-6345

 Midwest Minnesota Community Development Corporation

GROW South Dakota

104 Ash Street East  
Sisseton, SD  57262
Phone: (605) 698-7654 Ext 29
Fax: (605) 698-3038
Email: info@growsd.org


Impact Seven, Inc.

147 Lake Almena Drive
Almena, WI 54805
Phone: (715) 357-3334
Fax: (715) 357-6233

 Impact Seven

White Earth Investment Initiative
407 Main Street
PO Box 38
Ogema, MN 56569
Phone: (218) 983-4020
Fax: (218) 983-4021

 White Earth Investment


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