Bradenton credit union awarded $2.1 million grant

The grant was part of the $1.73 billion that the U.S. Department of the Treasury awarded to 603 organizations nationwide.

By Business Observer Staff
| 1:00 p.m. April 24, 2023
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With the announcement of the $2.1 million grant, Sherod Halliburton says the goal is to improve regional economic infrastructure and create jobs.

Manatee-Sarasota

A $2.1 million community development grant was awarded to a credit union in Manatee County as a way to expand access to capital for small businesses.

Financial Access Federal Credit Union, formerly Manatee Community Federal Credit Union, is a treasury-certified community development financial institution located in Bradenton.

It was the only chartered institution in the Sarasota and Manatee counties area to receive the grant, according to a statement. The grant is part of the U.S. Department of the Treasury’s CDFI Fund program that awarded $1.73 billion to 603 Community Development Financial Institutions across the U.S.