Virginia Community Capital

Community Development Financial Institution

Richmond, Virginia

United States

About Virginia Community Capital

A nonprofit, community development financial institution (CDFI) and banking entity, Virginia Community Capital (VCC) supports housing and community development ventures, increases jobs, and builds sustainable communities throughout the Commonwealth of Virginia. Three core business lines—Lending, Savings, Advisory Services—provide expertise to a wide range of constituents including localities, developers, community development agencies, nonprofits, and business owners.

VCC delivers innovative loan and investment solutions. Along with its subsidiary, Community Capital Bank, VCC furnishes loan capital broader than bank lending for projects supporting positive community impact in low- to moderate-income communities and underserved geographies and markets.

VCC Savings educates on and encourages savings for all income levels. Deposit services appeal to institutional and socially conscious investors and community banks. Advisory services advance community development projects, small business growth, and nonprofit training and education.

Becoming a certified B Corporation is a natural part of the VCC evolution. Our service offerings and our capacity to create tangible, lasting impact have grown exponentially with the expansion of loan outreach and the introduction of savings and technical advisory services. All of our efforts combine to promote the health of our collective social contract—a fundamental B Corp premise.

The Change We Seek®

Community is at the center of everything VCC does, including their name. VCC seeks to effect change on manifold levels. They create jobs, preserve and encourage affordable housing, finance medical facilities for underserved communities, and advise nonprofits on leadership and capacity building. Since 2005, VCC has originated over $320 million in loans, provided funding for over 5,400 units of affordable housing, created 5000 jobs, and supplied over 14,000 hours of technical assistance to small business owners and nonprofits.

What makes us a better company?

B Impact Report

Certified since: 

May 2012

Company Score

Median Score*



The Environment section of the Assessment evaluates a company's environmental performance through its facilities; materials, resource, and energy use; and emissions. Where applicable, it also considers a company's transportation/distribution channels and environmental impact of its supply chain. This section also measures whether a company's products or services are designed to solve an environmental issue, including products that aid in the provision of renewable energy, conserve resources, reduce waste, promote land/wildlife conservation, prevent toxic/hazardous substance or pollution, or educate, measure, or consult to solve environmental problems.



The Worker section of the survey assesses the company's relationship with its workforce. This section measures how the company treats its workers through compensation, benefits, training, and ownership opportunities provided to workers. It also focuses on the overall work environment within the company through management/worker communication, job flexibility and corporate culture, and worker health and safety practices.



The Customers section of the Assessment measures the impact a company has on its customers. The section focuses on whether a company sells products or services that promote public benefit, and if those products/services are targeted towards serving underserved populations. Questions in this section will measure whether a company's product or service is designed to solve a social or environmental issue (e.g. improves health, preserves environment or creates economic opportunity to individuals or communities, promotes the arts/sciences, or increases the flow of capital to purpose-driven enterprises).



The Community section of the survey assesses a company's impact on its community. The Community section evaluates a company's supplier relations, diversity, and involvement in the local community. The section also measures the company's practices and policies around community service and charitable giving. In addition, this section includes if a company's product or service is designed to solve a social issue, including access to basic services, health, education, economic opportunity, arts, and increasing the flow of capital to purpose-driven enterprises.



The Governance section of the Assessment evaluates a company's accountability and transparency. The section focuses on the company's mission, stakeholder engagement, and overall transparency of the company's practices and policies.

Overall B Score

80 out of 200 is eligible for certification

*Of all businesses that have completed the B Impact Assessment

*Median scores will not add up to overall

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Company Highlights: 

Governance: At least 50% of Board of Directors are independent members, employees and community members represented on Board of Directors, helped develop social and environmental standards for industry,

Community: Visited all significant suppliers, third party social or environmental metric screen applied, give preference to local suppliers, give preference to sustainable or fair trade suppliers, >50% owned by a non-profit organization, >40% of management from underrepresented populations, paid time off for community service,



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