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Opportunities Credit Union
18 Pearl StreetBurlington VT, 05401
CDFI Awards for Opportunities Credit Union
FA (2009) - $2,000,000
Opportunities Credit Union is a Community Development Credit Union and a certified CDFI. Established in 1989, it is the only credit union serving low income families in Vermont. It provides a combination of financial services, counseling, and loan products to help its members grow their assets and avoid predatory lenders. Opportunities will use its CDFI Program award to increase the volume of its lending activity and to implement changes to its lending to deal with the changing financial conditions in Vermont.
TA (2005) - $62,055
The Awardee with use its 2005 TA grant of $62,055 to build its capacity to serve its state-wide target market and strengthen its operations through an upgrades asset-liability management system, improved data collection and reporting systems, and staff training in financial management.
FA (2004) - $783,000
Vermont Development Credit Union(VDCU) will use the award to support their loan loss reserves and community development financial services activities. Community development impacts will include the increase in the number transportation and home loans and increase in member deposits.
SECA (2000) - $70,000
The profile for this award is not currently available.
CORE (2000) - $3,775,000
The profile for this award is not currently available.
SECA (1999) - $52,000
The profile for this award is not currently available.
CORE (1997) - $500,000
The profile for this award is not currently available.
Other Community Development Financial Institutions in Vermont
New Hampshire New Market Investment Co., LLC
Saint Johnsbury
Northern Community Investment Corporation
St. Johnsbury
Opportunities Credit Union
Burlington
RNA Community Builders, Inc.
Rutland
Rutland West Neighborhood Housing Services, Inc.
West Rutland
Vermont Community Loan Fund, Inc.
Montpelier
Vermont Development Ventures Inc.
Burlington
Vermont Rural Ventures, Inc.
Burlington
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.
Federal and State Technology Partnership Program
The Federal and State Technology Partnership Program works around the objective of being able to boost and strengthen the technological competitiveness of small business establishments in the United States of America.
Social Entrepreneurship
Spotlight
Building a Million Dollar Company Where Everyone Counts
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.
