Insured cash management with impact.
What is Impact Cash®?
A more impactful cash management solution.
Impact Cash® is a cash management solution designed for FDIC and NCUA insurance coverage that provides institutions a single management point for deposits targeting positive social impact while generating returns. Impact Cash® provides flexible liquidity and the peace of mind that comes from federally insured solutions.
FDIC and NCUA insurance
Impact Cash® is designed to be insured via FDIC and NCUA programs, providing positive social impact with the peace of mind that deposits are backed by the full faith and credit of the United States government.
CNote invests only in mission-driven financial institution. CNote reports regularly on the change Impact Cash® holders are achieving.
Ease of use
Access multiple mission-driven depository institutions with a single account, all online.
Funds are available on demand, subject to potential early withdrawal penalties assessed by our community partners.
CNote’s Impact Cash® is designed for scale. Whether you’re deploying $5 million or $50 million we get your capital into communities that need it most.
Where does my money go?
Impact Cash®. Optimized by CNote.
When you allocate your cash to Impact Cash®, CNote spreads your investment across partner banks and credit unions, optimizing for impact so you know your cash is earning a return while supporting underserved communities. Below are some examples of organizations and borrowers that have received financial assistance from Impact Cash® program partners.
Illustrative Impact Cash® beneficiaries.
How does it work?
Simple. Insured. Impact.
Impact Cash® fills a gap for institutional investors that want to support financially underserved communities across the country while generating returns on their cash allocations. CNote invests Impact Cash® dollars in depository products, such as money market accounts and CDs, from vetted FDIC- and NCUA-insured credit unions and banks.
In line with our mission to drive more resources to undercapitalized communities, CNote deploys Impact Cash® funds solely with institutions that target positive social impact.
To achieve a similar financial and social return without Impact Cash®, investors would have to find the right products, research them, and manage multiple accounts to maximize returns and maintain relative liquidity—something few have the bandwidth to do.