Skypoint Fcu Closes $7 Million Investment From The U.S. Treasury’s Emergency Capital Investment Program
Skypoint Fcu Closes $7 Million Investment From The U.S. Treasury’s Emergency Capital Investment Program
07/14/22, 2:20 PM
Location
Money raised
$7 million
Industry
privacy and security
financial services
software
SkyPoint Federal Credit Union (SkyPoint), a premier, member-owned financial institution, has recently closed on a $7 million investment as part of the U.S. Treasury’s new Emergency Capital Investment Program (ECIP). This investment increased SkyPoint’s net worth which will allow for growth and expansion of their lending portfolio.
Company Info
Company
SkyPoint Federal Credit Union (SkyPoint)
Location
germantown, illinois, united states
Additional Info
SkyPoint is one of the premier financial institutions serving Montgomery County, MD; Frederick County, MD; Arlington County, VA; Alexandria and Falls Church, VA; and the District of Columbia. SkyPoint is a Community Development Financial Institution and a designated Juntos Avanzamos credit union. To learn more, visit www.skypointfcu.com.