Gateway Community Development Credit Union

Durham NC


Gateway Community Development Credit Union (GCU) is a certified CDFI incorporated in 1993. GCU"s mission is to provide for its" members an opportunity to use and control their own money to improve their economic and social condition. GCU is designated by the National Credit Union Administration (NCUA) as a low-income community development credit union. GCU seeks to accomplish its mission by providing savings accounts, consumer loans, signature loans, automobile loans, loans for property improvement, and share secured loans. GCU is moving into new areas in 2000 by offering limited mortgage lending and Individual Development Accounts. GCU"s services are targeted to low-income persons living in Franklin, Person, Vance and Warren counties in North Carolina.

CDFI Awards for Gateway Community Development Credit Union


FA (2007) - $954,823

Generations Community Credit Union is a designated low-income community development credit union with a statewide membership in North Carolina. More than ninety percent of the credit union’s members are African-American and more than eighty percent are low-income. Generations CCU offers a full range of financial services, including savings accounts, checking accounts, certificates of deposit, ATM access, and debit cards. It also offers a range of loan products for asset-building, first-time homebuyers, refinancing, and second mortgages. Members have the opportunity to engage in one-on-one financial counseling to build or repair their credit. The credit union will use its FY07 Financial Assistance award to help leverage deposit funds to make additional mortgages. It will use its Technical Assistance award to purchase on-line banking technology, security upgrades for its branches, and marketing materials. In addition, it will develop a market needs assessment study in order to build capacity in delivering low-cost services.



SECA (2002) - $43,840

The profile for this award is not currently available.

SECA (2002) - $100,000

The profile for this award is not currently available.



SECA (2000) - $37,000

The technical assistance award will be used to develop a marketing and service strategy to reach potential members; to implement strategic planning sessions for the board; to purchase computer technology and to train staff and board members in credit union management.



CORE (1997) - $175,000

The profile for this award is not currently available.



Other Community Development Financial Institutions in North Carolina





Featured Government Grant Resources


Department of Agriculture: Value Added Producer Grants

The Value-Added Producer Grants program is geared towards helping the Independent Producers of Agricultural Commodities, Agriculture Producer Groups, Farmer and Rancher Cooperatives, and Majority-Controlled Producer-Based Business Ventures in developing techniques that would create marketing opportunities and establish business plans involving viable marketing opportunities that involve the production of bio-based products from agricultural commodities.







Small Business Innovation Research Phase IIB Bridge Awards

In line with this mission, the NIH has recently constituted the Small Business Innovation Research Phase IIB Bridge Awards to Accelerate the Development of Cancer Therapeutics, Imaging Technologies, Interventional Devices, Diagnostics, and Prognostics Toward Commercialization Program.




Ganesh Natarajan is the Founder and Chairman of 5FWorld, a new platform for funding and developing start-ups, social enterprises and the skills eco-system in India. In the past two decades, he has built two of India’s high-growth software services companies – Aptech and Zensar – almost from scratch to global success.









More Federal Domestic Assistance Programs


Nuclear Energy Research, Development and Demonstration | Grants to Reduce Domestic Violence, Dating Violence, Sexual Assault, and Stalking on Campus | Affordable Care Act (ACA) Prevention Center for Healthy Weight | Rural Business Opportunity Grants | San Jacinto Basin Restoration Fund |  Site Style by YAML | Grants.gov | Grants | Grants News | Sitemap | Privacy Policy


Edited by: Michael Saunders

© 2004-2024 Copyright Michael Saunders