The U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program awarded a $625,000 project grant to Omni Community Credit Union on September 26, 2024. The CDFI Program uses monetary awards and training opportunities to invest in and build the capacity of CDFIs, empowering them to grow, achieve organizational sustainability, and drive community revitalization. Through this grant, Omni Community Credit Union will utilize the funding to deliver targeted financial products and services aimed at economic revitalization, community development, and support for Native American communities facing significant economic challenges. The grant objectives include creating jobs, building businesses, and fostering economic self-determination in underserved communities nationwide.
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