Company facts
- Self-certified in SAM.gov
- Entity structure
- Other
- SAM.gov registration date
- Physical address
- 400 Russell Dr Bldg 509, New Orleans, LA 70143, USA
- Website
- nasjrbcu.org
- Founded
- 1948
- Employees
- 11-50
- Estimated annual revenue
- $1M-$10M
- Industry
-
- Information Technology
- Software & Services
- Internet Software & Services
- SIC code
- 48 Communications
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
Instep Credit Union is a state-chartered, non-profit credit union located in New Orleans, Louisiana, with a primary mission of serving underserved communities by providing financial services, lending, and financial counseling. Registered in SAM.gov since April 2020, the organization focuses on promoting economic revitalization and offering alternatives to predatory lending, particularly for low-income and minority populations with limited access to mainstream financial services. The credit union specializes in supporting vulnerable communities by providing small-dollar lending, establishing loan loss reserve funds, and delivering technical assistance to maintain affordable lending programs.
Through multiple federal grant awards from the Department of the Treasury's Community Development Financial Institutions (CDFI) Fund, Instep Credit Union has received substantial funding across various targeted programs, including the CDFI Program, Equitable Recovery Program, and Small Dollar Loan Program. These grants, totaling approximately $1.5 million between 2021 and 2024, have enabled the credit union to expand lending activities, provide financial counseling, and build organizational capacity in low- and moderate-income communities disproportionately impacted by economic challenges. The grants specifically support objectives such as increasing small-dollar lending, establishing loan loss reserve funds, acquiring necessary technology and staff, and providing technical assistance to maintain affordable lending programs. The funding periods range from December 2023 to December 2028, demonstrating a sustained commitment to community financial development through targeted investments in certified Community Development Financial Institutions.
Quick answers
Is Instep Credit Union registered in SAM.gov?
Yes. Instep Credit Union's SAM.gov registration is active through May 1, 2027.
What is Instep Credit Union's CAGE code?
Instep Credit Union's CAGE code is 8KYV9, and its Unique Entity ID (UEI) is K9Z4JT8Y9DY7.
What is Instep Credit Union's most recent federal award?
Instep Credit Union's most recent federal grant award is To promote economic revitalization and community development through technical assistance awards to build the… (231TA064637G), from Community Development Financial Institutions Fund, on November 21, 2024.
On GovTribe
See Instep Credit Union's full federal record
- Federal grant awards
- Funding analysis by agency, NAICS and set-aside
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