About Us

Metro Bank (the Bank) is a Community Development Financial Institution (CDFI) tasked with the mission to stimulate economic growth within distressed neighborhoods of Louisville, Kentucky by providing an array of financial and developmental resources. The Bank is a shareholder-owned, for-profit, FDIC-insured, commercial bank . To better accomplish its mission, the Bank is committed to ensuring that the majority of its operations are within specific underserved communities or low-income census tracts in Jefferson County.

Being a CDFI allows the Bank to participate in various CDFI Fund programs. The CDFI Fund was created for the purpose of promoting economic revitalization and community development through investment in and assistance to community development financial institutions. The CDFI Fund's mission is to expand the capacity of financial institutions to provide credit, capital, and financial services to underserved populations and communities in the United States. The CDFI programs the Bank participates in are the New Markets Tax Credit (NMTC) Program and the Bank Enterprise Award (BEA) program.

The Bank’s sole shareholder is Louisville Development Bancorp (LDB). LDB is a share-holder owned, for-profit, bank-holding company created in 1996 for the purpose of stimulating economic growth within 12 inner-city neighborhoods. Since that time, we have expanded our services to include all of Jefferson County.

Metro Bank is committed to providing access to capital for small business owners, individuals, and faith-based and non-profit organizations. We are able to fulfill our mission through strategic alliances with other financial institutions and service providers. These alliances allow us to leverage our resources to help our customers create job opportunities and expand economic activity.  Creating a better quality of life for underserved residents is the goal of Metro Bank and its depositors. Reaching this goal requires a long-term commitment to stimulating economic growth and facilitating the expansion of opportunities for all. This commitment is shared by the Bank's many partners including other banks, local governments, organizations, businesses and individuals -- all working together to plant the seeds of growth and opportunity in Louisville's underserved communities.


The Bank opened its doors in January, 1997 with $8 million in equity financing and $20 million in pledged deposits.

Louisville Development Bancorp (LDB), the Bank’s parent company, received its first New Markets Tax Credit allocation from the CDFI Fund in 2004 in the amount of $62,500,000.

LDB received subsequent NMTC allocations in 2005 ($8,000,000), 2008 ($40,000,000), and 2010 ($14,000,000).

In February 2011, the Bank's name was changed from Louisville Community Development Bank to Metro Bank.

In October 2014, the Bank expanded its product line to include internet banking to better serve its customers.

Today, the Bank successfully executes one of the most unique approaches to economic development in America.