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Wolf Point Federal Credit Union
P.O. Box 426, 217 Third Ave SouthWolf Point MT, 59201-0426
CDFI Awards for Wolf Point Federal Credit Union
FA (2008) - $593,393
Wolf Point Federal Credit Union is a nonprofit federal credit union in operation since 1963. Wolf Point FCU is a certified CDFI serving Fort Peck Indian Reservation in Montana. Wolf Point will use its FY08 Financial Assistance award of $500,000 for financing capital, loan loss reserves and capital reserves; and its FY08 Technical Assistance grant of $93,393 will enable the Applicant to build its capacity by: 1) developing and implementing programs and financial products, 2) obtaining training for staff and board, 3) purchasing office furnishings and fire safe filing materials, and 4) obtaining necessary lending software, hardware, and security systems.
SECA (2001) - $145,300
Technical assistance will be used to update its communications and data systems and to contract with a consultant to examine alternative site locations needed to improve member accessibility to services. About two-thirds of the members are native American, primarily Sioux.
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