Dade County Federal Credit Union

Dade County Federal Credit Union is a not-for-profit, tax-exempt financial institution registered in SAM.gov since 2004, specializing in community development financial services. As a certified Community Development Financial Institution (CDFI), the credit union focuses on providing financial products and services to underserved and economically disadvantaged populations, with a primary mission of promoting financial inclusion and economic empowerment in low-income communities.

Through multiple federal grant awards from the U.S. Department of the Treasury's Community Development Financial Institutions Fund, Dade County Federal Credit Union has received substantial funding to expand its lending capabilities and community support initiatives. The credit union has been awarded grants totaling over $8.1 million across several programs, including the CDFI Program, Small Dollar Loan Program, Equitable Recovery Program, and Rapid Response Program. These grants have enabled the credit union to establish loan loss reserves, provide technical assistance, expand lending activities in low- and moderate-income communities, and respond to economic challenges posed by the COVID-19 pandemic. Specifically, the grants support the credit union's efforts to offer affordable loan products, provide financial literacy resources, create alternative lending options to high-cost loans, and deliver financial services to unbanked and underbanked populations. The credit union's grant-funded activities focus on job creation, business development, economic self-determination, and helping residents build credit and access mainstream financial systems through targeted financial products and support services.