Demopolis Federal Credit Union
Demopolis, AL
- UEI
- XC83WBZXM7U8
- CAGE
- 662P6
- Primary NAICS
- Not on record
- SAM.gov registration
- Active through
Company facts
- Self-certified in SAM.gov
- Entity structure
- Corporate Entity (Tax Exempt)
- SAM.gov registration date
- Physical address
- 106 E Washington St, Demopolis, AL 36732, USA
- Website
- demopolisfcu.com
- 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
Demopolis Federal Credit Union is a minority-owned, not-for-profit financial institution located in Demopolis, Alabama, serving low- and moderate-income communities. Registered in SAM.gov since October 2010, the credit union is structured as a tax-exempt corporate entity with a focus on community development and economic empowerment. The organization specializes in providing financial services, lending, and community investment activities specifically targeted at underserved borrowers and communities, with a particular emphasis on increasing economic opportunities in disadvantaged areas.
The credit union has received multiple federal grants exclusively from the Community Development Financial Institutions (CDFI) Fund within the U.S. Department of the Treasury, totaling over $1.13 million across five different awards between 2021 and 2024. These grants, including the CDFI Program, Economic Recovery Program (ERP), Rapid Response Program (RRP), and Technical Assistance grants, have been strategically designed to build organizational capacity, expand financial services, and respond to economic challenges, particularly those stemming from the COVID-19 pandemic. The grants have supported critical initiatives such as staffing, technology acquisition, training, lending expansion, and developing infrastructure to serve low-income communities. Specific grant-funded activities have included compensation for personnel, professional services, travel, training and education, equipment procurement, and other capacity-building efforts aimed at strengthening the credit union's ability to provide affordable financial products and services to underserved markets across rural and urban areas.
Quick answers
Is Demopolis Federal Credit Union registered in SAM.gov?
Yes. Demopolis Federal Credit Union's SAM.gov registration is active through September 8, 2027.
What is Demopolis Federal Credit Union's most recent federal award?
Demopolis Federal Credit Union's most recent federal grant award is To promote economic revitalization and community development through investment in and financial assistance to… (231FA064351G), from Community Development Financial Institutions Fund, on September 26, 2024.
On GovTribe
See Demopolis Federal Credit Union's full federal record
- Federal grant awards
- Funding analysis by agency, NAICS and set-aside
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