Chatham-Lee Credit Union

Pittsboro NC


Chatham-Lee Federal Credit Union (CLFCU) began operations in 1956 and is a certified CDFI. CLFCU provides a variety of financial services to its targeted market of low-income individuals and African Americans residing in Chatham and Lee counties, NC.

CDFI Awards for Chatham-Lee Credit Union


SECA (2002) - $150,000

The technical and financial assistance from the CDFI Fund will allow the credit union to achieve its Business Plan objectives of modernizing its technology to operate more efficiently, and to compete with predatory lenders in its community by offering low cost check cashing and home equity loans.



SECA (2001) - $20,250

The Technical Assistance award will cover consulting services necessary to develop various policies and procedures for the Awardee, staff salary for the development of a loan tracking program, technology for the implementation of share drafts and ACH depositing, and training for both board members and staff in all aspects of lending and credit union management.



Other Community Development Financial Institutions in North Carolina





Featured Government Grant Resources


Historically Underutilized Business Zones - HUBZone Empowerment Contracting Program

The Small Business Administration has established the Historically Underutilized Business Zones (HUBZone) Empowerment Contracting Program wherein they aim to provide federal contracting assistance to eligible small business corporations which are located in underutilized business zones so as to improve their employment opportunities, investments, and their area's economic development.







Program for Investment in Micro-Entrepreneurs Technical Assistance

The Program for Investment in Micro-Entrepreneurs Technical Assistance Program is designed to decrease the number of disadvantaged micro-entrepreneurs by helping them enhance their management capabilities, by way of providing them with technical assistance and training in the areas concerning activities that are associated with starting, expanding and growing their businesses.




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