Freedom First Federal Credit Union

Hollins, VA

UEI
LFLRFTHVYHW6
CAGE
666A6
Primary NAICS
Not on record
SAM.gov registration
Active through

Company facts

Self-certified in SAM.gov
  • Non-Profit Organization
Entity structure
Corporate Entity (Tax Exempt)
SAM.gov registration date
Physical address
5240 Valleypark Dr, Hollins, VA 24019, USA
Founded
1956
Employees
51-250
Estimated annual revenue
$10M-$50M
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

Latest 5 listed here. See the rest on GovTribe.

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

Freedom First Federal Credit Union, registered in SAM.gov since October 2010, is a non-profit, tax-exempt corporate entity certified as a Community Development Financial Institution (CDFI). As a credit union, Freedom First primarily focuses on providing financial services and support to underserved and economically disadvantaged communities, with a particular emphasis on Native American populations and unbanked or underbanked individuals. The organization delivers affordable financial products, services, and educational resources designed to promote economic self-determination, build credit, and increase access to mainstream financial systems.

Through multiple federal grant awards from the Department of the Treasury's Community Development Financial Institutions Fund, Freedom First has consistently received Project Grants across several key programs, including the CDFI Program, Small Dollar Loan Program, and CDFI Rapid Response Program. These grants, totaling approximately $4.9 million between 2021 and 2024, have enabled the credit union to establish loan loss reserves, provide technical assistance, support small business lending initiatives, and respond to economic challenges such as the COVID-19 pandemic. Specifically, the grants have supported initiatives to create jobs, build businesses, and foster economic development in Native American and other underserved communities nationwide. The funding has been used to develop financial products, provide development services, establish capital reserves, and deliver targeted technical assistance to help unbanked and underbanked populations access affordable capital and integrate into the mainstream financial system.

Quick answers

Is Freedom First Federal Credit Union registered in SAM.gov?

Yes. Freedom First Federal Credit Union's SAM.gov registration is active through January 6, 2027.

What is Freedom First Federal Credit Union's most recent federal award?

Freedom First Federal Credit Union's most recent federal grant award is To promote economic revitalization and community development through investment in and financial assistance to… (241FA064724G), from Community Development Financial Institutions Fund, on September 26, 2024.

On GovTribe

See Freedom First Federal Credit Union's full federal record

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