Founded in 1995, the Rio Grande Valley Multibank (RGVMB) is a Community Development Financial Institution (CDFI) certified by the United States Department of Treasury. Our mission is to provide financial products and development services to the RGV, particularly in the area of affordable housing and consumer lending. We are proud to provide the affordable, risk-free alternative to payday and car title loans. All earnings are reinvested into the program for expansion and lending capital. The nine member banks have never taken out dividends over the 20-year history of the institution and do not plan to do so in the future.