Find LMI members in your bank’s assessment areas, who are ready to be sponsored with Community Development grants.
41% of the military qualifies as LMI. Find active duty and Veterans who need improved access to financial education.
Connect directly with verified LMI military households in your assessment area through our CRA-qualified financial education programs. Our rigorous census tract verification ensures your Community Development investments meet regulatory requirements, with documented impact metrics for seamless CRA reporting.
The military community faces unique financial challenges, with 41% of service members, Veterans, and their families qualifying as low-to-moderate income (LMI).
GoVA Foundation addresses this critical need through CRA-qualified financial education programs delivered via The Edge platform. Our mission focuses specifically on LMI military households, providing them with free, personalized resources to build financial stability.
Through verified Community Development activities, we help banks meet their CRA obligations while making meaningful impact in military communities. Our nationwide presence allows financial institutions to support LMI service members across their assessment areas, with complete documentation for CRA reporting. Each member’s LMI status is verified through census tract data, ensuring regulatory compliance and simplifying the grant funding process for our banking partners.
FindCRA has independently verified our programs meet all Community Development requirements for CRA consideration. This verification ensures banks can confidently invest in military financial education, knowing our services align with regulatory standards.
The federal regulatory agencies – FDIC, OCC, and Federal Reserve – have established clear criteria for adult financial literacy education as a Community Development activity. Our programs satisfy these requirements by:
Whether your bank serves one state or fifty, we can connect you with qualified LMI military households ready to benefit from your Community Development support. Select your state below to see local military demographics and potential CRA impact in your assessment area.
Discover the impact potential for your bank’s Community Development initiatives. Our customized report reveals:
Simply share your assessment area, and we’ll prepare a custom report showing how your bank can support military financial wellness while meeting CRA objectives.
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GoVA Foundation is a 501(c)3 non-profit organization, EIN: 93-4855398
The appearance of U.S. Department of Defense visual information does not imply or constitute DOD endorsement.
At GoVA, we’re proud to partner with a lender that delivers peace of mind to those who have served and continue to serve our county. Together, GoVA and TowneBank Mortgage are committed to helping our military service members achieve their dreams of homeownership, as well as providing them with valuable resources along the way. As experienced lenders, TowneBank Mortgage understands the need for a quick and easy mortgage process, especially during life’s transitional moments. Headquartered in Norfolk, just miles from the world’s largest naval base, TowneBank Mortgage has had the honor of helping thousands of military families through their VA loan offerings. Their team is knowledgeable about VA products and the local market, and in-house operations allow them to respond to questions and concerns in a timely manner. Together, we can get you to closing in 30 days or less. Trust TowneBank Mortgage and GoVA loans to get you home.
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