705 Federal Credit Union

Lafayette, LA

UEI
NQHKYNRPY733
CAGE
7MS63
Primary NAICS
522130 Credit Unions
SAM.gov registration
Active through

Company facts

Self-certified in SAM.gov
  • Other Not For Profit Organization
Entity structure
Other
SAM.gov registration date
Physical address
1455 W Willow St, Lafayette, LA 70506, USA
Website
705fcu.com
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

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About the company

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

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 CAGE code?

705 Federal Credit Union's CAGE code is 7MS63, and its Unique Entity ID (UEI) is NQHKYNRPY733.

What is 705 Federal Credit Union's most recent federal award?

705 Federal Credit Union's most recent federal grant award is 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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