Since inception, Neighborhood National Bank (NNB) has become an established and recognized leader in providing banking products and services to San Diego’s under-served and economically challenged communities. Our success can be attributed to our high level of service and commitment to our communities, our employees and our shareholders.
- To provide underserved communities with financial products and services that help customers build wealth through personal loans, business loans and investment by all customers.
- To provide a working environment where employees can expand professionally and are rewarded for their achievements.
- To provide our shareholders a fair return on their investment, while maintaining the Bank’s commitment to providing quality service to the community.
Neighborhood Bancorp (Bancorp) and Neighborhood National Bank (NNB) founder and current Chairman and CEO, Robert M. McGill, envisioned a bank that would provide basic banking services to the hardworking, under-served citizens of San Diego; channel funds into affordable housing and small businesses; and serve as an economic pillar for the community. On September 17, 1997, this vision came to life with the opening of Neighborhood National Bank.
NNB was launched as an initiative of Neighborhood Bancorp and, over the past 15 years, NNB has expanded to encompass neighborhoods from the City of San Diego to Chula Vista in the South, El Cajon to the East and Mid-City to the North. In each of its communities, NNB focuses on lending in low-moderate income areas and small businesses, specifically minority and women owned businesses, as well as businesses offering job opportunities to low-moderate income wage earners.
NNB’s efforts are backed up by its numbers in loans and lending. Over a five year period from 2006-2011, NNB’s lending in low-moderate income areas was more than quadruple the median rate of all US banking institutions. The Bank has been honored for its outstanding practices numerous times over the years, and was most recently named the 2011 National Member of the Year by the California Bankers Association.
San Diego's CDFI
Neighborhood National Bank (NNB) was established in 1997 and designated as a Community Development Financial Institution (CDFI) by the US Department of the Treasury’s CDFI Fund. CDFIs are specialized financial institutions working in under-served market niches typically overlooked by traditional financial institutions, and can include community development banks, credit unions, loan funds, venture capital funds and microenterprise loan funds.
Neighborhood National Bank is one of only 85 banks in the nation to hold a CDFI certification, and sets the bar high in its lending and loan practices. NNB lends in low-moderate income areas at nearly one and a half times the median rate of all other CDFI institutions across the United States.