The Community Development Revolving Loan Fund grant and loan program provides funds to low-income credit unions so that they may extend services to their members and improve credit union operations.
What are Grants?
- Grants are reimbursable monetary awards provided to support low-income credit unions. There are several funding initiatives under the grant program each year.
What are Loans?
- The revolving loan fund assists a low-income designated credit union’s efforts in improving members’ financial health and well-being through the availability of loan funds. A credit union may apply for a loan at any time. However, awards are subject to funds availability.
What are the Financial Reports for the Revolving Loan Fund?
- These reports provide preliminary highlights about the financial performance and awards of the Community Development Revolving Loan Fund. They are preliminary and unaudited.
What is CyberGrants?
- CyberGrants (opens new window) (You will be leaving NCUA.gov and accessing a non-NCUA website. We encourage you to read the NCUA's exit link policies. (opens new page).) is the automated grant management system utilized by NCUA. Here credit unions can apply electronically for grants and/or loans.