FDDC is a non-profit Community Development Corporation and Community Development Financial Institution (CDC/CDFI). It was established in March of 2001 by the Penobscot Nation, a federally recognized Native American Tribe with reservation land in Maine. FDDC is the first Native-governed CDC/CDFI in New England and serves members of the four Native American Tribes in Maine: the Passamaquoddy Tribe, the Penobscot Indian Nation, the Houlton Band of Maliseets, and the Aroostook Band of Micmacs.