705 Federal Credit Union
Lafayette, LA 705 Federal Credit Union
- UEI
- NQHKYNRPY733
- CAGE
- 7MS63
- Primary NAICS
- 522130 Credit Unions
- SAM.gov registration
- Active through
Company facts
- Self-certified in SAM.gov
- Entity structure
- Other
- NAICS codes registered in SAM.gov
- SAM.gov registration date
- Physical address
- 1455 W Willow St, Lafayette, LA 70506, USA
- Website
- 705fcu.com
- Industry
-
- Financials
- Banks
- 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 .
Recent federal awards
| Award | Agency | Obligated | Awarded |
|---|---|---|---|
| Purpose: to promote economic revitalization and community development through technical assistance awards to build the… | Community Development Financial Institutions Fund | $300,000 | |
| Purpose: to promote economic revitalization and community development through technical assistance awards to build the… | Community Development Financial Institutions Fund | $125,000 | |
| Purpose: to promote economic revitalization and community development through investment in and assistance to… | Community Development Financial Institutions Fund | $125,000 |
About 705 Federal Credit Union
705 Federal Credit Union is a not-for-profit organization registered in the System for Award Management (SAM.gov) since June 2016, with registration valid through July 2025. As a Community Development Financial Institution (CDFI), the credit union specializes in providing financial services and support to underserved communities, with a particular focus on rural and urban low-income populations. The organization is dedicated to creating economic opportunities by offering financial products, investments, and technical assistance to communities that traditionally lack access to affordable financial services.
Through its federal grant awards from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund, 705 Federal Credit Union has consistently received project grants under the CDFI Program (CFDA 21.020). These grants, ranging from $125,000 to $300,000, are designed to build the credit union's organizational capacity and enable it to serve low-income communities more effectively. The most recent award of $300,000 in November 2024 will support the credit union's efforts to provide loans, investments, financial services, and technical assistance, with a specific emphasis on Native American communities. Previous grants have funded technical assistance activities including personal services, professional services, staff training, travel costs, equipment, and supplies. The ultimate goal of these grants is to promote economic revitalization, create jobs, build businesses, and foster economic self-determination in underserved markets across the United States.
Quick answers
What is 705 Federal Credit Union's UEI?
705 Federal Credit Union's Unique Entity ID (UEI) in SAM.gov is NQHKYNRPY733.
What is 705 Federal Credit Union's CAGE code?
705 Federal Credit Union's CAGE code is 7MS63.
What is 705 Federal Credit Union's primary NAICS code?
705 Federal Credit Union's primary NAICS code is 522130 (Credit Unions).
Where is 705 Federal Credit Union located?
705 Federal Credit Union's physical address in SAM.gov is 1455 W Willow St, Lafayette, LA 70506, USA.
Is 705 Federal Credit Union registered in SAM.gov?
Yes. 705 Federal Credit Union's SAM.gov registration is active through May 19, 2027.
What is 705 Federal Credit Union's most recent federal award?
705 Federal Credit Union's most recent federal grant award is Purpose: to promote economic revitalization and community development through technical assistance awards to build the… (231TA064252G), from Community Development Financial Institutions Fund, on November 21, 2024.
On GovTribe
See 705 Federal Credit Union's full federal record
- Federal grant awards
- Funding analysis by agency, NAICS and set-aside
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