CCDC Launches New Web Site

You are navigating CCDC's new web site. Designed by BE Creative, we have made the site more user friendly with additional features including answers to frequently asked questions and a soon to be launched Partners Login section where Loan Review Committee members and our Board can download new projects.

This is a work in progress. Please contact Brad Shimp at brad.shimp@ccdcorp.org or 614-645-8066 with comments and suggestions.

CCDC Website Guide (click to view pdf)

FY 2008: Another Banner Year

Through September 2008, CCDC had 85 loans approved by the Board for a total o f$35.2 million and closed 46 loans for a total of $18.3 million.

The Leader Board for FY 2008

Number of Projects:
Advantage Bank - 7
Chase Bank- 5
First Merit- 3
Wright-Patterson Credit Union- 5
Liberty Savings Bank- 4

The Recent Increase in Rates...

As many of you know, market conditions for the November 504 debenture sale just completed were extremely difficult. CCDC has provided in the attached file a brief commentary provided by Chris Crawford, President of our trade association, NADCO. Please share with your colleagues and perhaps even borrowers to explain the situation being created by this current credit crisis we are all living with today.

We are certainly hopeful that conditions will improve soon for our sales, but as you could suspect, we cannot control credit and securities markets that are far larger than our program. We will keep you apprised of issues as we move forward with our future debenture sales. Thank you.

Increase of Rates – Nov 2008 PDF

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