What’s New

Community Investment Corporation (CIC) Welcomes Jessica Mello as AVP & Loan Officer

CIC is thrilled to announce the addition of Jessica Mello to its team as Assistant Vice President & Loan Officer. Jessica brings a wealth of experience and passion for small business success to CIC. For nearly a decade, she served as a Business Assistance Officer at SEED Corporation, where she wore many hats: lender, technical […]
READ MORE

2023 Annual Report

As CIC embarks on its 51st year in business, we’re excited to share our 2023 annual report with you—a truly golden year, for lots of reasons. This report highlights CIC’s continued lending journey, showcasing our commitment to empowering clients and communities, while fostering financial well-being. We believe in transparency and accountability, and this report provides […]
READ MORE

Meet Ralph Richard, CIC’s Newest Loan Officer

Please join us in welcoming our newest VP / Loan Officer, Ralph Richard! Ralph brings nearly 40 years of experience in banking and commercial lending to CIC. Before joining the team, Ralph was with the Savings Bank of Danbury for nearly 20 years, where he served as the Small Business Lending and Business Development Officer […]
READ MORE

504 Loan Success Feature: Eclectic Energy, LLC

Love a great gift shop? Say no more… Eclectic Energy is the place for you! Offering a variety of goods and gifts from more than 200+ designers, Eclectic Energy provides shoppers in South Kingstown and beyond with an “eclectic” shopping experience. In 1995, owner Pam Davis established Eclectic Energy in New York City after graduating […]
READ MORE

Lyme Shores Racquet Club

504 Loan Success Feature: Lyme Shores Racquet Club Lyme Shores Racquet Club is a premier racquet sports facility located in East Lyme, CT. The facility offers 6 indoor and 3 outdoor tennis courts, 6 pickleball courts, a full-line pro shop, and many other amenities. In 2022, Eric and Kelly Moore jumped at the opportunity to […]
READ MORE

50th Anniversary Celebration

CIC recently held its 50th Annual Meeting where it all began – in the great City of New Haven! We had a marvelous time reminiscing about CIC’s rich history as an economic development lender and we recognized several partners and clients who have played a critical role in helping us to achieve this great milestone. […]
READ MORE

2022 Annual Report

We are pleased to present a new and delightfully convenient version of Community Investment Corporation’s Annual Report for 2022.
READ MORE

2021 Annual Report

We are pleased to share the digital version of Community Investment Corporation’s 2021 Annual Report. This year’s report features borrower businesses that leveraged CIC’s unique Lending PowerTM to not only survive the COVID economy, but to thrive in it. In addition, there is some exciting news about recent changes and additions to the CIC team. […]
READ MORE

Timothy Bergstrom Appointed Chairman of the Board

Hamden, CT (April 27, 2022) – Community Investment Corporation (CIC) is pleased to announce the appointment of Timothy Bergstrom as Chairman of the Board. Mr. Bergstrom is stepping into the role of chairman after serving on CIC’s board for the last 12 years. He is the Regional President and head of business banking in Connecticut […]
READ MORE

SBA Extends the Community Advantage Loan Program

Big news coming from Washington today! U.S. Vice President, Kamala Harris, and SBA Administrator, Isabella Casillas Guzman, have announced the renewal and expansion of the Community Advantage loan program, making it effective through September 30, 2024. That’s an additional two years beyond the pilot program’s initial schedule. “America’s mission-driven lenders have been a critical partner […]
READ MORE