Community Development

When communities are strong, our whole society is stronger.

Building stronger communities

Charles Schwab Bank’s Community Reinvestment Act program serves the credit needs of the communities in which we operate, including low- and moderate-income neighborhoods.

Food truck

Fueling small businesses

We support nonprofit organizations that provide mentorship, coaching, capital, loans, and technical assistance to small businesses.

We also partner with, invest in, and lend to Community Development Financial Institutions (CDFIs).


Helping underserved communities

  • In 2022, we made 384 small business loans totaling $166 million and 17 community development loans totaling $385 million.
Affordable housing structure

Developing affordable housing

With our innovative partners we’re providing more affordable housing to help address pressing housing insecurity issues like displacement.

Our nonprofit partners provide homebuyer support, community services and safe and quality rental housing.


Funding that makes a difference

  • Our $10 million investment in the Housing Partnership Equity Trust is helping acquire and preserve high-quality affordable rental housing close to jobs, good schools, and other community resources.
Young couple meeting with a man at a table with a laptop

Helping people gain financial freedom

We partner with organizations that support financial education, asset building initiatives and emergency assistance to help people with their financial futures.

Through Schwab's Moneywise America, volunteers facilitate financial education sessions for teens and adults.


How our partners help

  • Texas-based Family Pathfinders is helping its client-base of more than 5,500 people create plans to increase savings, reduce debt, decrease use of payday loans, and improve credit scores.

More than $4 billion invested in underserved communities since 2004

$399 million

to small business and sustainable job creation

$3.8 billion

to affordable housing

$11.5 million

to financial capability and other community services

Explore our impact

The greatest story ever “cold”

How one community was there for each other during record-breaking heat.

February 01, 2024

Food and family in Brooklyn

See how one proud stay-at-home mom and immigrant achieved her dream of owning a family restaurant.

March 28, 2023

Changing lives with financial knowledge

Rick Kinnard was so inspired to help others he spent a week of vacation time volunteering to help formerly homeless men.

November 18, 2022

Embracing all abilities and creating opportunities

See how one family’s big idea to help their autistic son paired with community support has grown into something larger than they ever imagined.

March 15, 2022

Creating big impact for small businesses

From a small-town burger joint to a large financial institution, Adria shares why she's always loved supporting small businesses through her work.

January 19, 2022

How being better environmentalists is leading to so much more

Refurbishing and donating old Schwab computers is helping non-profits like Camp Carefree expand their mission while reducing e-waste at the same time.

April 16, 2024