recent special report jam trimarco yes magazine shin spotlight way certain bank institutions perpetuate cycle poverty institutionalize economic racism also show specific set bank work smash systems bank call community development financial institutions cdfis .traditional bank one goal make profit also incredibly racist lock people color able access capital research mit 2008 find lack access capital number one drive factor racial disparities across range economic metrics profit employment.cdfis purely profit motivate serve areas traditional bank particularly rural areas communities color trimarco look cdfi change live poor region poor state u.s. mississippi delta region write mississippi cdfis per capita state financial ecosystem unique place bankers residents come see one another ally despite difficult history window unite state might look like government actively recruit bank credit unions ally fight poverty cdfis trace root back 19th century establishment black-owned financial institutions throughout century idea mission behind predecessors expand dramatically one big change come riegle community development regulatory improvement act 1994.this create cdf fund use help fund 1,000 cdifs unite state fund start 50 million dollars grow 230 million dollars order become cdfi access fund financial institution must spend least 50 assets low-income areas.these not-just-for-profit intuitions work program teach financial literacy credit lend help people create worker-owned co-ops.cdfis rarely get much attention political spotlight 2016 election two candidates address issue seriously believe neither run republican ticket hillary clinton democratic presidential nominee vow double investment cdfis rival bernie sanders support ambitious though unpragmatic plan turn post offices de-facto versions cdfis.whether remain continue evolve become integrate post office type institutions desperately need unite state idea whose time come prove essential century.featured image spencer platt/getty image bank fight cycle poverty place major bank go