Elga Credit Union

Grand Blanc, MI

UEI
EHDDNVJVNB71
CAGE
7TU08
Primary NAICS
813920 Professional Organizations
SAM.gov registration
Active through

Company facts

Self-certified in SAM.gov
  • Other Not For Profit Organization
  • Community Development Corporation
Entity structure
Corporate Entity (Not Tax Exempt)
SAM.gov registration date
Physical address
6065 Grand Pointe Blvd, Grand Blanc, MI 48439, USA
Website
elgacu.com
Founded
1951
Employees
51-250
Estimated annual revenue
$50M-$100M
Industry
  1. Financials
  2. Banks
  3. Banking & Mortgages
SIC code
60 Depository Institutions
Profiles

Registration and certifications come from SAM.gov and the SBA; company details from public web sources. Updated .

Grant awards

Grant subawards

Prime recipient Prime award Amount Awarded
Inclusiv, Inc. Subrecipient selected to receive a Capitalization Funding subaward to leverage capital for CCIA Eligible Projects. Additionally, subrecipient selected to… 84094301 $11,000,000

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About the company

Elga Credit Union is a not-for-profit community development organization registered in SAM.gov since March 15, 2017, with a corporate structure focused on serving underserved communities. As a Community Development Financial Institution (CDFI), the credit union specializes in providing financial services, loans, investments, and technical assistance to low-income and minority communities, with a particular emphasis on economic empowerment and community revitalization.

The credit union has received multiple significant federal grant awards from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund, including a $625,000 CDFI Program grant awarded in September 2024 and a $2,478,839 Equitable Recovery Program (ERP) grant in April 2023. These grants support the credit union's mission of expanding lending and investment activities in low- and moderate-income communities, with a specific focus on areas disproportionately impacted by the COVID-19 pandemic. The grants enable Elga Credit Union to create jobs, build businesses, and foster economic self-determination, particularly in Native communities and underserved populations. The federal funding also supports the organization's capacity-building efforts, allowing them to acquire necessary technology, staff, and resources to effectively serve their target communities. Additionally, the credit union received a Rapid Response Program award in June 2021, further demonstrating its ability to respond to critical economic challenges and provide financial support where it is most needed.

Quick answers

Is Elga Credit Union registered in SAM.gov?

Yes. Elga Credit Union's SAM.gov registration is active through May 29, 2027.

What is Elga Credit Union's CAGE code?

Elga Credit Union's CAGE code is 7TU08, and its Unique Entity ID (UEI) is EHDDNVJVNB71.

What is Elga Credit Union's most recent federal award?

Elga Credit Union's most recent federal grant award is To promote economic revitalization and community development through investment in and financial assistance to… (241FA064755G), from Community Development Financial Institutions Fund, on September 26, 2024.

On GovTribe

See Elga Credit Union's full federal record

  • Federal grant awards
  • Funding analysis by agency, NAICS and set-aside
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