Company News

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 […]

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 […]

The 2021 SBA Award Results are In! #1 Community Advantage Lender in Connecticut #1 Microlender in Rhode Island CIC is proud to announce that we’re the recipient of two hard-earned awards in Community Lending for 2021. While our SBA 504 loan portfolio is one of the largest in New England, Community Lending goes hand-in-hand with […]

Assistant Vice President, Loan Officer Jamie Welch, our newest Loan Officer, joined Community Investment Corporation in September 2021. Prior to joining our team, Jamie was with Newtown Savings Bank, where she served as a Credit Analyst II. During her time with Newtown Savings, she helped analyze, prepare, and present key loan information to senior management and […]

JULY 30, 2021 HAMDEN, CONNECTICUT – CIC Board of Directors has named Louis Silva to succeed Mark Cousineau as leader of the multi-state economic development lending organization. Mr. Silva will assume the role as President on August 2, 2021, having served as Vice President in the organization for the past three years. “Louis showed leadership […]

Commercial Loan Officer CIC has an opening for an energetic self-starter with commercial lending experience who is willing to learn the intricacies of U.S. Small Business Administration (SBA) loan programs and other loan programs offered by CIC; is focused on quality customer service; and is flexible in his/her approach to working with lending partners and […]

Community Investment Corporation is pleased to announce the availability of a new loan program targeted for small businesses.  CIC received a nearly $3.5 million grant to provide loans to assist in the recovery of Connecticut businesses in Fairfield, New Haven, Litchfield, and Hartford counties.  These funds, from the Economic Development Administration (EDA) at the U.S. […]

“Our small businesses and entrepreneurs are critical to the fabric of our economy and our community. The federal government must step in and do its part to help small businesses reopen safely and recover.” Congresswoman Rosa DeLauro NEW HAVEN, CT — Congresswoman Rosa DeLauro (CT-03) and Congressman Jim Himes (CT-04) today joined Mark Cousineau, President of […]

As you know, the SBA has stepped up in a big way to assist small business owners (and their employees) impacted by the COVID-19 shutdown. Many in CT and RI have taken advantage of SBA loan programs funded through the CARES Act (EIDL and PPP). Despite best efforts to get cash into the hands of […]