The deadline to apply for the 2025 Community Development Revolving Loan Fund Grant round is December 16, 2025.
This year, NCUA expects to award approximately $3,465,000 in CDRLF funds to anywhere between 85 to 115 low-income credit unions. In 2024, the average CDRLF grant award was $26,000. The grant application period opens on October 15, 2025, at 12:00 p.m. Eastern, and will close on December 16, 2025, at 11:59 p.m. Eastern. Detailed information is available in the Notice of Funding Opportunity) posted in the Federal Register.
Grants will be awarded in six categories:
- Impact Through Innovation Pilot Initiative (maximum award of $100,000)—Providing Phase III funding for credit unions that received grants in 2023.
- New Charter Capacity Building (maximum award of $50,000)—Assisting newly chartered credit unions to increase capacity and better serve members.
- Underserved Outreach (maximum award of $50,000)—Helping credit unions expand access to underserved communities and improve members' financial well-being.
- Student Internships (maximum award of $25,000)—Enhancing credit unions' ability to offer internships to high school and college students to gain experience working in a credit union.
- Technology, Cybersecurity, and Artificial Intelligence (maximum award of $25,000)—Giving credit unions greater access to affordable digital financial products and to implement artificial intelligence services.
- Training (maximum award of $25,000)—Funding activities such as succession planning, leadership development, and consumer financial protection training.
Credit Unions Should Check Eligibility
A credit union must have the low-income designation to apply. It also must have an active registration with the System for Award Management. Credit unions with an existing registration must recertify and maintain active status annually. There is no charge for this registration or recertification. SAM.gov users can register or recertify by following the instructions on the website.
Grant application guidelines and frequently asked questions posted on the NCUA's Grants page. Interested credit unions also may contact the NCUA's Office of Credit Union Resources and Expansion with any questions by emailing to CUREAPPS@ncua.gov.