NAICS Code 522299-06 - City Govt-Adm Of Fed Credit Agencies

Marketing Level - NAICS 8-Digit

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  • Company Name
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  • Job Title (where available)
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  • Business Phone Number
  • Industry Codes (Primary and Secondary SIC & NAICS Codes)
  • Sales Volume
  • Employee Count
  • Website (where available)
  • Years in Business
  • Location Type (HQ, Branch, Subsidiary)
  • Modeled Credit Rating
  • Public / Private Status
  • Latitude / Longitude
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Looking for more companies? See NAICS 522299 - International, Secondary Market, and All Other Nondepository Credit Intermediation - 7,253 companies, 34,347 emails.

NAICS Code 522299-06 Description (8-Digit)

The City Govt-Adm Of Fed Credit Agencies industry is a subdivision of the International, Secondary Market, and All Other Nondepository Credit Intermediation industry. This industry involves the administration of credit agencies by city governments and federal agencies. These credit agencies provide loans and other financial services to individuals and businesses. The City Govt-Adm Of Fed Credit Agencies industry plays a crucial role in providing financial assistance to those who may not have access to traditional banking services.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 522299 page

Tools

Tools commonly used in the City Govt-Adm Of Fed Credit Agencies industry for day-to-day tasks and operations.

  • Loan management software
  • Credit scoring software
  • Financial analysis software
  • Risk management software
  • Customer relationship management software
  • Accounting software
  • Payment processing software
  • Compliance management software
  • Fraud detection software
  • Data analytics tools

Industry Examples of City Govt-Adm Of Fed Credit Agencies

Common products and services typical of NAICS Code 522299-06, illustrating the main business activities and contributions to the market.

  • Small business loans
  • Personal loans
  • Student loans
  • Agricultural loans
  • Microfinance
  • Community development loans
  • Disaster relief loans
  • Affordable housing loans
  • Energy efficiency loans
  • Infrastructure financing

History

A concise historical narrative of NAICS Code 522299-06 covering global milestones and recent developments within the United States.

  • The City Govt-Adm Of Fed Credit Agencies industry has a long history dating back to the early 20th century when the US government established the Federal Housing Administration (FHA) in 1934 to help stabilize the housing market during the Great Depression. The FHA provided insurance to private lenders for home loans, which helped to increase the availability of credit and promote homeownership. In the 1960s, the US government established the Government National Mortgage Association (GNMA), also known as Ginnie Mae, to provide a secondary market for FHA-insured mortgages. This allowed lenders to sell their mortgages to investors, which helped to increase liquidity in the housing market. In recent years, the industry has continued to evolve with the introduction of new technologies and the expansion of government credit programs, such as the Small Business Administration's loan guarantee program and the Department of Agriculture's rural development loan program. In the United States, the City Govt-Adm Of Fed Credit Agencies industry has seen significant growth in recent years due to increased demand for government-backed credit programs. For example, the Small Business Administration's loan guarantee program has seen a surge in demand in the wake of the COVID-19 pandemic, as small businesses seek to access affordable credit to stay afloat. Additionally, the Department of Agriculture's rural development loan program has helped to spur economic growth in rural areas by providing financing for businesses and infrastructure projects. Overall, the industry has played a critical role in promoting economic growth and stability in the United States.