Company facts
- Self-certified in SAM.gov
- Entity structure
- Corporate Entity (Not Tax Exempt)
- SAM.gov registration date
- Website
- optus.bank
- Founded
- 1921
- 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 .
Grant awards
Latest 5 listed here. See the rest on GovTribe.
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About the company
Optus Bank is a minority-owned, for-profit financial institution based in Columbia, South Carolina, registered in the System for Award Management (SAM.gov) since 2006. As a Black American-owned corporate entity, the bank specializes in community development financial services, focusing on providing targeted financial products and support to low- and moderate-income populations in underserved areas. While the bank does not currently hold federal contract vehicles, it has been actively engaged in receiving federal grant awards from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund.
Through the Bank Enterprise Award (BEA) Program, Optus Bank has consistently received federal grants to enhance its community development financing activities. The bank's grant awards, totaling $280,369 in 2024 and previous grants from 2019-2023, have enabled it to provide critical financial services such as technical assistance, affordable housing financing, and small business support in economically distressed communities. The BEA Program specifically incentivizes FDIC-insured depository institutions like Optus Bank to increase investments in certified Community Development Financial Institutions (CDFIs) and expand lending and service activities in the most economically challenged areas. These grants have supported Optus Bank's mission to deliver tailored financial products, equity investments, loans, and strategic assistance to nonprofit organizations, private institutions, and underserved community businesses, with a clear focus on promoting economic development and financial inclusion.
Quick answers
Is Optus Bank registered in SAM.gov?
Yes. Optus Bank's SAM.gov registration is active through March 17, 2027.
What is Optus Bank's CAGE code?
Optus Bank's CAGE code is 4A0H0, and its Unique Entity ID (UEI) is KLLAAE26K625.
What is Optus Bank's most recent federal award?
Optus Bank's most recent federal grant award is The bank enterprise award program (BEA program) provides monetary awards to fdic insured depository institutions (i.e… (241BE066384G), from Community Development Financial Institutions Fund, on September 19, 2024.
On GovTribe
See Optus Bank's full federal record
- Federal grant awards
- Funding analysis by agency, NAICS and set-aside
- Similar vendors