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Community Development


At RBC Bank, we believe in making a difference in the community.

The Community Development Lending Group at RBC Bank works with non-traditional funding sources and special projects to improve the well-being of the people, institutions and businesses in the areas we serve.

We can help you access a variety of financing sources to make your community development project a reality - including construction, permanent and bridge loans, lines of credit, affordable mortgage programs and government-backed loans, plus access to grant funds.

Our Community Development Lending Program efforts are focused on providing affordable housing for targeted income groups and special needs populations, neighborhood revitalization activities, funding businesses that create or retain jobs and bring services to low-wealth communities.

We support these types of projects and more:

  • Affordable housing including single family (see our Model Home Loan Program), multi-family, new construction or rehabilitation; includes low income tax credit projects and HUD assisted project financing
  • Church construction/expansion
  • Retail centers
  • Commercial property (new or rehabilitation) including historic and new markets tax credits
  • Community-based businesses

For more information about the Community Development Lending Program at RBC Bank, please call 1-877-RBC BANK (877-722-2265) or email us.

Community Reinvestment Act

The Federal Community Reinvestment Act (CRA) requires the Federal Reserve Board to evaluate our performance in helping to meet the credit needs of our communities.

You may obtain our current CRA statement for the communities served by us by writing us at RBC Bank, 1417 Centura Highway, Rocky Mount, North Carolina, 27804.

You may send signed, written comments about our CRA statement(s) or our performance in helping to meet community credit needs to RBC Bank, Kevin Harris, CRA Officer, PO Box 1220 Rocky Mount, NC 27802 and to Community Reinvestment Officer, Federal Reserve Bank of Richmond, 701 East Byrd Street, P.O. Box 27622, Richmond, Virginia 23261. Your letter, together with any response by us, may be made public.

All credit is subject to approval.