The National Credit Union Administration reminded credit unions that it plans to award more than USD 3.4 million in Community Development Revolving Loan Fund (CDRLF) grants to low-income designated credit unions under the open grant round, with applications due by December 16, 2025 at 11:59 p.m. Eastern. To support applicants, the NCUA pointed credit unions to a pre-recorded webinar on the 2025 CDRLF application process and highlighted recent security changes to its CyberGrants portal, which now requires multi-factor authentication. The agency urged credit unions to begin applications early to address potential technical issues and reiterated that applicants must maintain an active System for Award Management (SAM.gov) registration, noting that registration or renewal can take up to a few weeks and must be renewed annually to remain active.
National Credit Union Administration 2025-11-03
National Credit Union Administration reiterates $3.4 million CDRLF grant round for low-income credit unions with applications due December 16, 2025
The National Credit Union Administration plans to distribute over USD 3.4 million in Community Development Revolving Loan Fund grants to low-income designated credit unions. Credit unions should use a pre-recorded webinar for the 2025 application process and note recent security updates to the CyberGrants portal, including multi-factor authentication. Applicants must ensure an active System for Award Management registration, requiring annual renewal.