Federal grants to 1st Bergen Federal Credit Union
1st Bergen Federal Credit Union in Hackensack, New Jersey received $1.2 million in federal grants from fiscal 2021 to 2025, across 3 awards. Its largest program was Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP), with $792,567. It had no new grant money in fiscal 2025.
From USAspending.gov award records, updated November 7, 2026.
- Grants, FY 2021 to 2025$1.2 million
- Awards3
- Awarded in FY 2025$0
- Largest award$792,567
By year
| Fiscal year | Awards | Amount |
|---|---|---|
| FY 2021 | 2 | $357,500 |
| FY 2022 | 0 | $0 |
| FY 2023 | 1 | $792,567 |
| FY 2024 | 0 | $0 |
| FY 2025 | 0 | $0 |
Programs that fund 1st Bergen Federal Credit Union
| Program | Awards | Amount |
|---|---|---|
| Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP) | 1 | $792,567 |
| Community Development Financial Institutions Rapid Response Program (CDFI RRP) | 1 | $200,000 |
| Small Dollar Loan Program | 1 | $157,500 |
Awarding agencies
| Agency | Awards | Amount |
|---|---|---|
| Department of the Treasury | 3 | $1.2 million |
Largest awards
| Award | Program | First action | Amount |
|---|---|---|---|
| Purpose: to provide grants to community development financial institutions (CDFIS) for the following purposes 1) to expand lending, grant making and investment activities in low or moderate income communities and to borrowers that have historically experienced significant unmet capital and financial | Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP) | April 10, 2023 | $792,567 |
| Cdfi rapid response program award | Community Development Financial Institutions Rapid Response Program (CDFI RRP) | June 15, 2021 | $200,000 |
| Purpose: 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. Activities to be performed: through the sdl program, the cdfi fund will pro | Small Dollar Loan Program | September 23, 2021 | $157,500 |
Questions people ask
How much federal grant money does 1st Bergen Federal Credit Union get?
$1.2 million in 3 grant awards from fiscal 2021 to 2025, as obligations reported to USAspending.gov.
Which agency gives 1st Bergen Federal Credit Union the most?
The Department of the Treasury, with $1.2 million in 3 awards.
What is 1st Bergen Federal Credit Union's largest federal grant?
$792,567 under Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP), with its first action in the period on April 10, 2023. That counts only the money obligated in fiscal 2021 to 2025.
Which federal programs fund 1st Bergen Federal Credit Union?
Its largest are Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP), Community Development Financial Institutions Rapid Response Program (CDFI RRP) and Small Dollar Loan Program.
Other grant recipients in Hackensack
- Greater Bergen Community Action, Inc.
- Bergen Cty Dept of Planning
- Team Management 2000 Inc
- Housing Authority of Bergen Co
- City of Hackensack
- Heightened Independence and Progress, Inc.
- Fair Housing Council of Northern New Jersey
- County of Bergen
Largest federal grant recipients in New Jersey · Federal grants in New Jersey