Federal grants to Essential Credit Union
Essential Credit Union in Baton Rouge, Louisiana received $2.1 million in federal grants from fiscal 2021 to 2025, across 3 awards. Its largest program was Community Development Financial Institutions Rapid Response Program (CDFI RRP), with $1.8 million. It had no new grant money in fiscal 2025.
From USAspending.gov award records, updated October 31, 2026.
- Grants, FY 2021 to 2025$2.1 million
- Awards3
- Awarded in FY 2025$0
- Largest award$1.8 million
By year
| Fiscal year | Awards | Amount |
|---|---|---|
| FY 2021 | 1 | $1.8 million |
| FY 2022 | 1 | $63,990 |
| FY 2023 | 0 | $0 |
| FY 2024 | 1 | $203,874 |
| FY 2025 | 0 | $0 |
Programs that fund Essential Credit Union
| Program | Awards | Amount |
|---|---|---|
| Community Development Financial Institutions Rapid Response Program (CDFI RRP) | 1 | $1.8 million |
| Small Dollar Loan Program | 2 | $267,864 |
Awarding agencies
| Agency | Awards | Amount |
|---|---|---|
| Department of the Treasury | 3 | $2.1 million |
Largest awards
| Award | Program | First action | Amount |
|---|---|---|---|
| Cdfi rapid response program award | Community Development Financial Institutions Rapid Response Program (CDFI RRP) | June 15, 2021 | $1.8 million |
| Purpose: to support certified community development financial institutions (CDFIS) to provide an alternative to high cost small dollar loans, as well as help unbanked and underbanked populations build credit, access affordable capital, and allow greater access into the mainstream financial system. P | Small Dollar Loan Program | April 16, 2024 | $203,874 |
| Purpose: to support certified community development financial institutions (CDFIS) to provide an alternative to high cost small dollar loans, as well as help unbanked and underbanked populations build credit, access affordable capital, and allow greater access into the mainstream financial system. P | Small Dollar Loan Program | September 27, 2022 | $63,990 |
Questions people ask
How much federal grant money does Essential Credit Union get?
$2.1 million in 3 grant awards from fiscal 2021 to 2025, as obligations reported to USAspending.gov.
Which agency gives Essential Credit Union the most?
The Department of the Treasury, with $2.1 million in 3 awards.
What is Essential Credit Union's largest federal grant?
$1.8 million under Community Development Financial Institutions Rapid Response Program (CDFI RRP), with its first action in the period on June 15, 2021. That counts only the money obligated in fiscal 2021 to 2025.
Which federal programs fund Essential Credit Union?
Its largest are Community Development Financial Institutions Rapid Response Program (CDFI RRP) and Small Dollar Loan Program.
Other grant recipients in Baton Rouge
- Lousiana Department of Health
- LA Dept. of Admin
- Homeland Security & Emergency
- Transportation & Development Louisiana D
- Administration, Louisiana Division of
- Louisiana Department of Children and Family Services
- Department of Conservation and Energy, State of Louisiana
- Louisiana Works
Largest federal grant recipients in Louisiana · Federal grants in Louisiana