Community finance means money raised from the local community: including individuals and households, businesses and customers (e.g. of a cooperative venture). Community finance may be coordinated with leadership from the local authority or community group. A community development finance institution (CDFI) is a financial institution which provides credit and financial services to markets underserved by mainstream banks. An example of a CDFI is a community bank - an independent, locally-owned commercial bank. It operates exclusively in and derives its funds from the community in which it is based.