NAICS 522130
Credit Unions
Explore obligations, trends, recent awards, and incumbent contractors for NAICS 522130.
NAICS 522130 federal market metrics
- Total obligations
- $1.1M
- Total awards
- 67 awards
- Active obligations
- $71.5K
What this NAICS covers
NAICS 522130 covers member-owned depository financial institutions that accept member deposits, underwrite and service consumer and small business loans, and provide payment and account services primarily to a defined membership base.
Federal opportunities under 522130 typically involve contracts to operate or support credit union services such as member account processing, consumer lending programs, electronic funds transfer, treasury management, and federally insured deposit operations for an identified membership.
FAQ
What work fits NAICS 522130?
- Operate a federally insured credit union branch providing teller services, member account openings, consumer and mortgage loan origination, and routine member service operations.
- Administer member deposit processing and account reconciliation including core banking processing, ACH settlement, and month-end balance reporting for a defined membership.
- Underwrite and service consumer lending programs for members, including credit decisioning, loan closing, payment collection, and delinquency management.
- Provide electronic funds transfer and card payment processing for member accounts, including ATM and POS settlement, card dispute resolution, and transaction reporting.
When is NAICS 522130 a weak fit?
- Commercial banks (522110) when the solicitation requires universal banking services, brokered deposits, or investor-owned bank regulatory structures rather than member-owned deposit operations.
- Third-party loan servicing or debt collection when the work is limited to collecting or servicing loans without operating deposit-taking or member account services under a credit union charter.
- Financial software development and IT integration (541511) when the scope is limited to system implementation, customization, or hosting rather than operating deposit-taking, lending, and member-facing services.
What solicitation language points to NAICS 522130?
- Contract line items list teller, loan officer, and member service labor categories with performance metrics for transaction accuracy and account opening cycle times.
- Requirements specify maintaining federally insured deposit records, periodic account statements, ACH processing, and compliance with member privacy and reporting standards.
- Evaluation criteria reference loan portfolio underwriting standards, member retention rates, delinquency ratios, and reconciled month-end financial statements.
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