Ascension Credit Union

Ascension Credit Union is a tax-exempt, not-for-profit organization registered in the System for Award Management (SAM) since January 2019, with registration valid through May 2025. As a Native Community Development Financial Institution (CDFI), the credit union focuses on providing financial services to underserved communities, particularly Native American populations. The organization has been actively engaged in receiving federal grant awards from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund, demonstrating a commitment to economic development and financial empowerment in marginalized communities.

Through its federal grant awards, Ascension Credit Union has consistently received funding to build organizational capacity, provide technical assistance, and deliver financial products and services to low-income and Native communities. The credit union has been awarded three significant federal grants totaling approximately $2.225 million between 2021 and 2024. These grants, including the CDFI Program, Technical Assistance Program, and Rapid Response Program, enable the organization to offer loans, investments, financial services, and technical support to underserved populations. The grants specifically target economic revitalization, job creation, business development, and fostering economic self-determination in rural and urban low-income communities. The most recent grant of $300,000, awarded in November 2024, focuses on investing in and building the capacity of Native CDFIs, with a completion date of December 31, 2026, demonstrating the credit union's ongoing commitment to community economic development.