Community Impact Award

Across the country, individuals achieve homeownership, access capital, and build brighter futures thanks to the unwavering commitment of financial institutions and the professionals who champion meaningful community reinvestment. The Community Impact Award honors these changemakers—the teams and leaders whose CRA and community development programs drive real, measurable progress in low‑ and moderate‑income communities.

Each year at the Colloquium, we spotlight the programs that don’t just check boxes—they change lives. This award celebrates the creativity, dedication, and bold thinking of compliance and community development professionals who expand access, open new markets, and elevate the communities they serve.

The Community Impact Award serves to:

  • Recognize the institutions and professionals who go above and beyond to improve community outcomes
  • Inspire innovation in community lending, partnership building, and equitable access to financial opportunity
  • Showcase proven models that raise the bar for the entire financial industry

This is more than an award—it’s a tribute to the people and programs creating lasting, equitable impact.

Help us shine a light on excellence. Honor the visionaries strengthening communities nationwide.

Why nominate?

Top five reasons to submit your nomination:

  1. Recognize Innovative Programs for the Underserved
    Showcase an institution's dedication to making a positive impact on underserved communities. Nominating innovative programs highlights the commitment to creating opportunities for homeownership and access to capital.
  2. Stand Out as a Community Leader
    By participating in the Community Impact Award, an institution’s position as a leader in driving positive change in communities can be highlighted. This recognition can enhance an institution’s reputation and credibility within the financial industry.
  3. Nationwide Recognition and Exposure
    The award acknowledges an institution’s efforts on a national stage, demonstrating its commitment to reaching new markets and improving communities. A nomination can gain exposure for new initiatives and attract attention from peers, potential partners, and clients.
  4. Validate Compliance Professionals
    Give credit to the compliance professionals who have played a pivotal role in developing, implementing, or maintaining impactful programs. Their dedication will be acknowledged and celebrated among industry peers.
  5. Showcase Successful Examples
    Your nomination provides a valuable example of successful community lending programs to the entire financial industry. By sharing achievements, we can contribute to a collective effort to drive positive change and encourage others to follow suit.

All nominations are reviewed by a panel of industry experts, with the winners recognized during a ceremony at the Colloquium.

Who: You can nominate yourself, your program, or a program from another institution. The nominee should be a person who is instrumental in developing, implementing, or maintaining the program.

What: The award acknowledges a CRA or community development program and the individual responsible for its implementation or maintenance within the financial institution. The program must be currently active. Eligible institutions include banks, mortgage companies, and credit unions nationwide.

When: Submissions must be received by Sept. 30, 2025, with winners recognized at the event.

Criteria: Award recipients will be selected by industry professionals, including representatives from trade organizations and financial institutions, based primarily on the program's impact on low- and moderate-income communities, and secondarily on its innovation.