Federal grants to First Central Credit Union
First Central Credit Union in Waco, Texas received $5.2 million in federal grants from fiscal 2021 to 2025, across 4 awards. Its largest program was Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP), with $2.5 million. It had no new grant money in fiscal 2025.
From USAspending.gov award records, updated November 7, 2026.
- Grants, FY 2021 to 2025$5.2 million
- Awards4
- Awarded in FY 2025$0
- Largest award$2.5 million
By year
| Fiscal year | Awards | Amount |
|---|---|---|
| FY 2021 | 2 | $2.0 million |
| FY 2022 | 0 | $0 |
| FY 2023 | 1 | $2.5 million |
| FY 2024 | 1 | $725,000 |
| FY 2025 | 0 | $0 |
Programs that fund First Central Credit Union
| Program | Awards | Amount |
|---|---|---|
| Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP) | 1 | $2.5 million |
| Community Development Financial Institutions Rapid Response Program (CDFI RRP) | 1 | $1.8 million |
| Community Development Financial Institutions Program | 2 | $850,000 |
Awarding agencies
| Agency | Awards | Amount |
|---|---|---|
| Department of the Treasury | 4 | $5.2 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 | $2.5 million |
| Cdfi rapid response program award | Community Development Financial Institutions Rapid Response Program (CDFI RRP) | June 15, 2021 | $1.8 million |
| Purpose: to promote economic revitalization and community development through investment in and financial assistance to community development financial institutions (CDFIS). Planned activities: financial assistance must be used for financial products, financial services (regulated institutions only) | Community Development Financial Institutions Program | September 26, 2024 | $725,000 |
| Purpose: to promote economic revitalization and community development through investment in and assistance to community development financial institutions (CDFIS) and emerging cdfis. Activities to be performed: technical assistance must be used for the following eligible activities subject to the ap | Community Development Financial Institutions Program | September 16, 2021 | $125,000 |
Questions people ask
How much federal grant money does First Central Credit Union get?
$5.2 million in 4 grant awards from fiscal 2021 to 2025, as obligations reported to USAspending.gov.
Which agency gives First Central Credit Union the most?
The Department of the Treasury, with $5.2 million in 4 awards.
What is First Central Credit Union's largest federal grant?
$2.5 million 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 First Central 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 Community Development Financial Institutions Program.
Other grant recipients in Waco
- Baylor University
- Texas State Technical College
- City of Waco
- Economic Opportunities Advancement Corporation of Planning Region XI
- McLennan County Junior College District
- Heart of Texas Community Health Center Inc
- Housing Authority of City of WA
- Mission Waco Mission World
Largest federal grant recipients in Texas · Federal grants in Texas