Caribe Federal Credit Union was founded in 1951 by a group of federal employees. It is a non-profit financial institution organized and authorized under the Federal Credit Union Act to serve federal employees in Puerto Rico and the U.S. Virgin Islands. Currently, it also serves over 75 corporations in Puerto Rico, including members of the League of Students of Art of San Juan and the San Juan Community Library.
Caribe Federal Credit Union is one of the largest and most stable federal credit unions organized in Puerto Rico with over $500 million in assets. It offers a wide variety of financial products and services to its members at lower interest rates and reduced service charges. Members enjoy quality free internet and phone services seven days a week, 24 hours a day.
The most recent investment in Caribe Federal Credit Union was a $3.72 million grant investment on April 10, 2023, provided by the Community Development Financial Institutions Fund. The credit union operates from its headquarters in Puerto Rico. The company operates primarily in the Financial Services and Banking industries.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Grant | $3.72M | 1 | Community Development Financial Institutions Fund | 10 Apr 2023 |
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