Lower East Side Peoples Federal Credit Union

New York, NY Doing business as Lespfcu

UEI
HXMGTBLBTTK4
CAGE
4A5G0
Primary NAICS
Not on record
SAM.gov registration
Active through

Company facts

Self-certified in SAM.gov
  • Minority Owned Business
  • Other Not For Profit Organization
  • Community Development Corporation
  • Hispanic American Owned
Entity structure
Corporate Entity (Tax Exempt)
SAM.gov registration date
Physical address
37 Avenue B, New York, NY 10009, USA
Website
lespeoples.org
Employees
11-50
Estimated annual revenue
$1M-$10M
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 $9,900,000

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About the company

Lower East Side Peoples Federal Credit Union (Lespfcu) is a not-for-profit, member-owned financial institution providing financial services and community development assistance to underserved communities. As a certified Community Development Financial Institution, Lespfcu has received over $7 million in project grants from the Department of Treasury's Community Development Financial Institutions Fund (CDFI Fund) since 2019. These grants have supported Lespfcu's provision of financial products, services, loan funds, and organizational capacity building to expand economic opportunity for low- and moderate-income individuals and communities disproportionately impacted by crises like the COVID-19 pandemic.

Specifically, Lespfcu has been awarded CDFI grants including a $3.7 million CDFI Equitable Recovery Program grant in 2023 to increase lending and resources for pandemic-impacted minority borrowers; a $1.8 million Rapid Response Program grant in 2021 to address pandemic impacts; and $476,000 and $714,000 CDFI Program project grants in 2021 and 2019 to offer financial services and spur community revitalization. As a minority-owned CDFI, Lespfcu utilizes monetary awards and training from these federal grants to lend to eligible low-income markets, build organizational sustainability, and drive economic growth in underserved urban communities through the provision of affordable financial products and services.

Quick answers

Is Lower East Side Peoples Federal Credit Union registered in SAM.gov?

Yes. Lower East Side Peoples Federal Credit Union's SAM.gov registration is active through February 11, 2027.

What is Lower East Side Peoples Federal Credit Union's CAGE code?

Lower East Side Peoples Federal Credit Union's CAGE code is 4A5G0, and its Unique Entity ID (UEI) is HXMGTBLBTTK4.

What is Lower East Side Peoples Federal Credit Union's most recent federal award?

Lower East Side Peoples 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… (22ERP061351G), from Community Development Financial Institutions Fund, on April 10, 2023.

On GovTribe

See Lower East Side Peoples Federal Credit Union's full federal record

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