Fundz

Skypoint Fcu Closes $7 Million Investment From The U.S. Treasury’s Emergency Capital Investment Program

PRIVATEJul 14, 2022

Amount Raised

$7 Million

Round Type

Grant

GermantownFinancial ServicesSoftwarePrivacy And Security

Description

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.

Quick answer

SkyPoint Federal Credit Union (SkyPoint) raised $7 Million in a Grant round, dated July 14, 2022. SkyPoint Federal Credit Union (SkyPoint) is based in Germantown, Illinois, United States.

How much did SkyPoint Federal Credit Union (SkyPoint) raise?
SkyPoint Federal Credit Union (SkyPoint) raised $7 Million in a Grant round on July 14, 2022.
What does SkyPoint Federal Credit Union (SkyPoint) do?
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.
Where is SkyPoint Federal Credit Union (SkyPoint) based and how big is it?
SkyPoint Federal Credit Union (SkyPoint) is based in Germantown, Illinois, United States.

Source: Fundz verified event record.

Who else raised in Financial Services and Privacy And Security around the same time

Companies in the same sectors as SkyPoint Federal Credit Union (SkyPoint) that raised within 45 days of this round, from Fundz verified event records.

  • Lumifi raised an undisclosed amount (Funding Round) on August 23, 2022.
  • Mural raised $5.6M (Funding Round) on August 23, 2022.
  • Jar raised an undisclosed amount on August 18, 2022.
  • Bookkeeper360 raised $3.5M (Seed) on August 18, 2022.
  • Arc raised $20M (Series A) on August 17, 2022.
  • Arc raised $20M (Series A) on August 16, 2022.

Who to call at SkyPoint Federal Credit Union (SkyPoint), and when

A new round usually means SkyPoint Federal Credit Union (SkyPoint) is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day SkyPoint Federal Credit Union (SkyPoint) raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at SkyPoint Federal Credit Union (SkyPoint), from your own LinkedIn network

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Company Information

Company

SkyPoint Federal Credit Union (SkyPoint)

Location

Germantown, Illinois, United States

About

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.

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SkyPoint Federal Credit Union (SkyPoint) raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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