Afena Federal Credit Union
Marion, IN
- UEI
- NXPYZC3TNLK9
- CAGE
- 7NFJ7
- Primary NAICS
- 522130 Credit Unions
- SAM.gov registration
- Active through
Company facts
- Self-certified in SAM.gov
- Entity structure
- Corporate Entity (Tax Exempt)
- SAM.gov registration date
- Physical address
- 935 N Baldwin Ave, Marion, IN 46952, USA
- Website
- afenafcu.org
- Founded
- 1958
- Employees
- 11-50
- Estimated annual revenue
- $1M-$10M
- Industry
-
- Financials
- Banks
- Banking & Mortgages
- SIC code
- 60 Depository Institutions
Registration and certifications come from SAM.gov and the SBA; company details from public web sources. Updated .
Grant awards
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About the company
Afena Federal Credit Union, located in Marion, Indiana, is a tax-exempt nonprofit organization registered in SAM.gov since 2016. The credit union focuses on providing financial services to underserved rural and urban low-income communities, with a mission of expanding access to affordable financial options and promoting economic revitalization. As a Community Development Financial Institution (CDFI), Afena specializes in developing financial products and services that support economically disadvantaged populations who typically lack comprehensive banking resources.
Through three significant federal grant awards from the U.S. Department of the Treasury's Community Development Financial Institutions Fund, Afena has received a total of $2.64 million in project grants between 2021 and 2024. These grants, including a $1.5 million Rapid Response Program grant (2021), a $590,000 CDFI Program grant (2021), and a $550,000 CDFI Program grant (2024), have enabled the credit union to provide financial products, financial services, development services, loan loss reserves, and capital reserves to eligible markets. The grants specifically target rural and urban low-income communities, with a focus on building financial capacity, creating economic opportunities, and mitigating the economic impacts of challenges like the coronavirus pandemic. Each grant has a defined performance period, with the most recent award extending through December 31, 2027, demonstrating Afena's ongoing commitment to community financial development and economic empowerment.
Quick answers
Is Afena Federal Credit Union registered in SAM.gov?
Yes. Afena Federal Credit Union's SAM.gov registration is active through June 5, 2027.
What is Afena Federal Credit Union's most recent federal award?
Afena Federal Credit Union's most recent federal grant award is To promote economic revitalization and community development through investment in and financial assistance to… (231FA064446G), from Community Development Financial Institutions Fund, on September 26, 2024.
On GovTribe
See Afena Federal Credit Union's full federal record
- Federal grant awards
- Funding analysis by agency, NAICS and set-aside
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