Raiz Federal Credit Union
El Paso, TX El Paso Area Teachers Federal Credit Union
- UEI
- D2BGXNDMWX85
- CAGE
- 7X3U3
- 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
- 12020 Rojas Dr, El Paso, TX 79936, USA
- Website
- raiz.us
- Founded
- 1936
- Employees
- 51-250
- Estimated annual revenue
- $10M-$50M
- 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
Raiz Federal Credit Union, formerly known as El Paso Area Teachers Federal Credit Union, is a non-profit credit union based in El Paso, Texas, that offers financial services to its members, including loans, savings, checking, and credit cards. It is registered as a corporate entity (tax exempt) and classified as an Other Not For Profit Organization in the federal government's procurement database, SAM.gov.
Through multiple federal grant awards from the Department of the Treasury's Community Development Financial Institutions (CDFI) Fund, Raiz Federal Credit Union has received funding to support lending, grant making, and investment activities aimed at promoting economic revitalization and community development in low- and moderate-income communities disproportionately affected by the COVID-19 pandemic. The largest award, worth $4,957,678 under the CDFI Equitable Recovery Program, will enable the credit union to expand its lending, grants, and investments to underserved borrowers and communities through December 2028, while also building organizational capacity and acquiring necessary technology and staff resources. Additionally, an $797,900 grant from the CDFI Program will support the provision of financial and technical assistance services to community development organizations nationwide through December 2026. Furthermore, Raiz Federal Credit Union received $1,826,265 through the CDFI Rapid Response Program to address the economic impacts of the coronavirus pandemic in the communities it serves until the end of 2023.
Quick answers
Is Raiz Federal Credit Union registered in SAM.gov?
Yes. Raiz Federal Credit Union's SAM.gov registration is active through September 15, 2027.
What is Raiz Federal Credit Union's most recent federal award?
Raiz Federal Credit Union's most recent federal grant award is To provide grants to community development financial institutions (cdfis) for the following purposes 1) to expand… (22ERP061150G), from Community Development Financial Institutions Fund, on April 10, 2023.
On GovTribe
See Raiz Federal Credit Union's full federal record
- Federal grant awards
- Funding analysis by agency, NAICS and set-aside
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