The Emergency Capital Investment Fund: Details

The $9 billion Emergency Capital Investment Program is administered by the Department of Treasury to provide low-cost, long-term capital investments to MDIs and CDFI depositories.

Who is eligible? Credit unions must be certified as a CDFI or a minority depository institution (MDI), as well as low-income designated.



The U.S. Treasury ECIP ($9 billion)

  • Funds are for neighborhoods disproportionally impacted by the COVID-19 pandemic
  • Long-term, low-interest secondary capital loan that can count as Net Worth
  • CDFIs and Non-CDFIs may apply
  • Regulated CDFIs and Minority Depository Institutions (MDIs) will meet eligibility criteria
  • Inclusiv engaging Treasury, NCUA on terms and focus on CDFIs and MDIs

Inclusiv Helps Credit Unions

Inclusiv’s experts can share insights into how your credit union can use subordinated debt (secondary capital) as a tool for managing growth and deploying funds to underserved communities safely and affordably. For questions on ECIP, please contact

Inclusiv held a webinar on ECIP. Click here to view slides and other resources from the March 11 broadcast.

Learn about the benefits of Inclusiv membership, including free CDFI annual certification reporting (ACR) and eligibility analysis. Inclusiv membership is an essential investment in the future of your credit union and your community.

Further Information

Secondary capital

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More about stimulus programs

Information about these programs are evolving. Inclusiv will share new information as it becomes available. 

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