First American Credit Union

Window Rock AZ


First American provides basic financial services to 15,000 Native-Americans throughout Arizona and part of New Mexico and Utah. Established in 1962 to serve the Navajo reservation, First American has made more than $125 million in loans and has almost $33 million in assets -- making it the nation"s largest community development credit union. The credit union provides consumer and small business loans, which often support small agricultural ventures and production and distribution of traditional Native-American crafts.

CDFI Awards for First American Credit Union


CORE (1996) - $1,000,000

CDFI Fund support of a $1 million will provide a substantial infusion into the credit union"s net worth. This infusion will be leveraged many times over through share growth and will enhance the capacity of First American to serve members who otherwise could not access financial services. CDFI Fund support will also support new approaches to deliver financial services in often sparsely settled rural areas and low-income Native-American communities, such as use of ATMs and a possible mobile branch.



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