Northeast Community Federal Credit Union

683 Clay Street
San Francisco CA, 94111-2501


The 800-member Northeast Community Federal Credit Union provides a range of financial services to low-income individuals living in the Chinatown section of San Francisco. In addition to car loans and small business financing, the credit union has recently developed first mortgage products for its qualifying borrowers. The credit union is currently opening a second branch in the citya€™s Tenderloin district, an economically distressed area largely devoid of mainstream financial institutions. The new branch will not only help local residents obtain access to financial services such as low-cost check cashing, but will also infuse much-needed credit into the area.

CDFI Awards for Northeast Community Federal Credit Union


SECA (2002) - $50,000

The Fund"s technical assistance grant will be used to purchase the technology, equipment and training necessary to open a full-service branch in Chinatown.



CORE (1998) - $720,000

The Fund"s $280,000 capital grant, $400,000 share deposit, and $40,000 technical assistance grant will assist the credit union with its expansion into the Tenderloin.



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