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
- 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
-
- 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 .
Recent federal awards
| Award | Agency | Obligated | Awarded |
|---|---|---|---|
| Purpose: to provide grants to community development financial institutions (cdfis) for the following purposes 1) to… | Community Development Financial Institutions Fund | $3,718,258 | |
| Purpose: to promote economic revitalization and community development through investment in and financial assistance… | Community Development Financial Institutions Fund | $482,900 | |
| Purpose: to promote economic revitalization and community development through investment in and financial assistance… | Community Development Financial Institutions Fund | $476,530 | |
| Cdfi rapid response program award | Community Development Financial Institutions Fund | $1,826,265 | |
| Financial assistance award | Community Development Financial Institutions Fund | $637,500 |
About Lower East Side Peoples Federal Credit Union
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
What is Lower East Side Peoples Federal Credit Union's UEI?
Lower East Side Peoples Federal Credit Union's Unique Entity ID (UEI) in SAM.gov is HXMGTBLBTTK4.
What is Lower East Side Peoples Federal Credit Union's CAGE code?
Lower East Side Peoples Federal Credit Union's CAGE code is 4A5G0.
Where is Lower East Side Peoples Federal Credit Union located?
Lower East Side Peoples Federal Credit Union's physical address in SAM.gov is 37 Avenue B, New York, NY 10009, USA.
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 most recent federal award?
Lower East Side Peoples Federal Credit Union's most recent federal grant award is Purpose: to provide grants to community development financial institutions (cdfis) for the following purposes 1) to… (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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