Company News

FY ’24 was a record loan production year for CIC. We approved 35 new 504 loans totaling over $28 million and across all our loan programs, we closed an additional 87 loans totaling over $32 million. As a result of these efforts, 389 jobs were created/retained and over 600 hours of critical technical assistance support […]

Hamden, CT – May 5, 2025 – The Community Investment Corporation (CIC), an economic development lender dedicated to providing financing and guidance to small businesses in Connecticut, Rhode Island, and Massachusetts, is pleased to announce the appointment of Mark Duclos to its Board of Directors. Mark Duclos is the co-founder and President of Sentry Commercial, […]

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 […]

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 […]

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 […]

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 […]

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 […]

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. […]

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

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. […]