Community First Fund plans to open a credit union in Lancaster County this summer for those underserved by other lending institutions.

Dan Betancourt, the longtime president and CEO of Community First Fund, has been selected to serve on the Federal Reserve Board’s Community Advisory Council.

Community First Fund announced that it will receive a $5 million Grow with Google Small Business Fund loan from Opportunity Finance Network to aid small businesses battered by the COVID-19 economy.

“CDFIs are committed to supporting entrepreneurs and small businesses in low-income and underserved communities and that means collectively, these CDFIs will help keep paychecks flowing to employees who may need it the most.”

Combined assets between the two community development financial institutions, which will be organized as a single entity under the name Community First Fund, will total $101 million, and $129 million by 2024, Community First Fund officials said in a Tuesday announcement.

York-based public relations and marketing agency Gavin announced on Tuesday that it has opened a new office in Lancaster County, expanding the company’s footprint and better serving regional clients.

Lancaster-based Community First Fund is bolstering its executive team and growing staff to prepare for greater lending growth across the communities it serves in Central Pennsylvania, the Lehigh Valley and suburban Philadelphia.