Cooperativa De Ahorro Y Crédito Rico Dairy, Inc.

Cooperativa De Ahorro Y Crédito Rico Dairy, Inc. is a Hispanic American-owned non-profit organization registered in SAM.gov, specialized as a Community Development Financial Institution (CDFI) focused on providing financial services and economic development support to underserved communities. The organization is a certified credit union that delivers targeted financial products, investments, and technical assistance to low-income and minority populations, with a particular emphasis on Native American communities and regions experiencing economic challenges.

Through federal grant awards from the U.S. Department of the Treasury's Community Development Financial Institutions Fund, Cooperativa De Ahorro Y Crédito Rico Dairy, Inc. has received multiple project grants totaling $1,788,361 between 2022 and 2024. These grants, including the Community Development Financial Institutions Program (CFDA 21.020) and the Equitable Recovery Program (CFDA 21.033), have supported the organization's initiatives to expand lending capabilities, provide financial services, and build organizational capacity in underserved communities. The grants specifically enable the credit union to deliver loans, investments, and technical assistance, with a focus on job creation, business development, and economic self-determination. The funding supports activities such as expanding access to capital for minority borrowers, acquiring technology and staff, and providing financial services to low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic.