About National Cooperative Bank

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• NCB delivers banking and financial services complemented by a special focus on cooperative expansion and economic development

•Organized under the National Consumer Cooperative Bank Act in 1978; privatized in 1981 as a cooperative financial services company

•National platform with niche approach to cooperative markets including housing, credit unions, commercial ventures and socially responsible enterprises

• Today owned by 2,600 cooperative customers, participating in NCB’s success

• Total assets of $1.6 billion; when combined with assets managed for investors, total assets under management of $7.5 billion

Housing Cooperatives

Business Cooperatives

Socially Responsible Organizations

Corporate Structure

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NCB Capital Impact

NCB, FSB (NCB)

NCCB

National Consumer Cooperative Bank is the Congressionally chartered , cooperatively owned parent and holding company for subsidiaries

NCB, FSB (NCB) is the federally chartered savings bank (Member FDIC) which offers the bank’s deposit and lending services

Strategic alliance with NCB Capital Impact, a 501(c)3 created under the same Act of Congress

Commercial Cooperatives

• Primary commercial sectors: Grocery, hardware and other retailer-owned, wholesale purchasing co-ops

•NCB has assisted a variety of business co-ops and their members with capital needs – renovation, expansion, acquisition and working capital

• To date, NCB has provided more than $1 billion to business co-ops including retailer-owned grocery co-ops and consumer-owned natural food co-ops

Business Cooperatives

• NCB provides full service banking to Alaska Native and Native American Businesses

• Since 1984, NCB has provided over $500 million to Alaska and Native American Enterprises

• NCB pioneered the use of Bureau of Indian Affairs funding ( BIA) for Alaska Native Enterprises

Alaska Native and Tribal Organizations

Commercial Cooperatives

Housing Cooperatives

• Co-ops come in all shapes and sizes, and are located in urban areas across the country with the majority in New York City, providing homes for families of all income levels

• NCB has been at the forefront of ensuring housing co-ops have access to mainstream capital sources

• NCB provides financing for unit owners purchasing a cooperative apartment loan “share loans”

• In the early 1980’s, NCB pioneered the first sale of co-op building loans to Freddie Mac, and in the 1990’s the first sale of a pool of co-op unit loans (“share” loans) to Fannie Mae

• NCB has helped low-income residents purchase their rental units from slum landlords using the limited-equity cooperative housing model

Cooperative Housing

•NCB ensures that at least 35% of the capital it deploys is serving low to moderate income communities

• In 2012, NCB provided $232 million in loans, investments and grants to serve low to moderate income communities across the United States

•Areas of focus include affordable housing, healthcare, education, small business, and sustainable enterprises

Co-op and Community Development

Socially Responsible Organizations

NCB & Credit Unions

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Given our shared cooperative roots, credit unions and NCB have had a mutually beneficial relationship since NCB’s inception

• Credit union community represented on NCB’s board and its member-shareholders• Approximately 650 credit unions are depositors at NCB• Provide correspondent banking services to 97 credit

unions• Developed unique loan programs and secondary market

opportunities• Collaborative deposit initiative with the National Credit

Union Foundation through Community Investment Fund• Participant in National Federation of Community

Development Credit Unions nominee deposit program

The Joke

Franklin D. Roosevelt

NCB & Credit Unions

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Cooperative Roots

Products & Services• Correspondent banking services• No capital requirements

• Depository products• CDs, Demand, Money Market• Custom products• Secondary market opportunities

• Investment opportunities• Loan programs & participations• Asset sales (single family, TIC, solar, commercial)• Socially responsible

Current Collaboration

• Loan Sales and Participations

• New Product Development• Wholesale Funding

• Credit Union Leagues & Corporates

• Foundations & Federations• CUSOs & CU Affiliates

No Collaboration… Yet

Investing where no one has invested before…

Untapped Opportunities• Community development loan programs• Business/commercial lending partner• SBA preferred lender• New opportunities

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Doing Good By Doing Well

• Training via webinar and partnerships• National Federation of Community Development

Credit Unions impact nominee deposit program• Collaborative deposit initiative with the NCUF

through Community Investment Fund

CIFwithNCB.coop

“Promote and improve consumers’ financial independence through credit unions.”

– Financial literacy– Wealth building– Cooperative development– Disaster relief

Social Impact DepositsCIFwithNCB.coop Donation Deposit Program

Piloted in 2010, the Credit Union Foundation of Maryland & DC expanded the “Millionaire’s Club” concept into four Maryland high schools in 2012 with the help of a NCUF Financial Education grant. The Millionaire’s Club is a high school level after-school financial literacy initiative.

I am of the opinion that my life belongs to the whole community and as long as I live, it is my privilege to do for it whatever I can. I want to be thoroughly used up when I die, for the harder I work the more I live. - George Bernard Shaw