NAICS 52218 - Savings Institutions and Other Depository Credit Intermediation
This page includes content generated by AI. It is intended for general guidance only and should be verified for your specific situation.
Related NAICS Codes for NAICS 52218
Click on any NAICS code to explore that specific industry within NAICS 52218
| NAICS Code | Industry Title |
|---|---|
| 522180 | Savings Institutions and Other Depository Credit Intermediation |
What is NAICS 52218
NAICS code 52218 pertains to Savings Institutions and Other Depository Credit Intermediation, a sector that comprises financial institutions primarily engaged in accepting deposits and making loans. This code includes savings banks, savings and loan associations, and other depository institutions that provide a variety of credit products such as mortgages, consumer loans, and commercial lending. These businesses play a crucial role in the financial ecosystem by mobilizing savings and facilitating credit flow to individuals, businesses, and government entities. Government agencies contract with firms in this sector to manage and administer public funds, provide loan servicing, and support various financial programs that require depository services or credit intermediation expertise. These contracts often focus on ensuring the secure, efficient handling of funds and leveraging financial products to support public policy goals.
Breakdown for NAICS 52218
- Includes savings banks, savings and loan associations, and similar depository institutions.
- Focuses on accepting deposits and providing various types of loans.
- Covers institutions that serve both retail and commercial customers.
- Subject to stringent regulatory oversight and compliance requirements.
- Supports government programs through specialized financial services.
- Size standards typically measured by asset thresholds and employee counts.
Included Activities for NAICS 52218
- Accepting and managing deposit accounts for individuals and businesses.
- Providing mortgage and consumer loan products.
- Administering government loan programs and credit facilities.
- Managing public funds and facilitating federal financial initiatives.
- Conducting credit risk assessments and underwriting loans.
- Ensuring compliance with federal banking and financial regulations.
- Offering financial advisory and account servicing related to government contracts.
- Implementing digital banking platforms for efficient service delivery.
Business Types for NAICS 52218
- Savings banks
- Savings and loan associations
- Mutual savings institutions
- Credit unions with depository functions
- Mortgage lenders affiliated with savings institutions
- Financial service firms specializing in government contracts
Government Buyers for NAICS 52218
Government agencies such as the Department of the Treasury, Housing and Urban Development (HUD), and the Small Business Administration (SBA) frequently procure services under NAICS 52218. These agencies rely on savings institutions and depository credit intermediaries to facilitate loan programs, manage public funds, and provide financial services that support economic development and housing initiatives. Additionally, agencies involved in federal employee benefits and retirement plans may contract with these institutions to administer accounts and investment products. The need for secure financial management, risk mitigation, and compliance with regulatory standards drives government demand for specialized expertise in this sector.
Contract Types & Procurement for NAICS 52218
Contracts under NAICS 52218 commonly include service agreements, financial management contracts, and loan servicing contracts. Procurement methods often involve competitive bidding, requests for proposals (RFPs), and task orders under broader financial services contracts. Contract values can vary widely depending on the scope and duration, ranging from smaller task orders for specific loan servicing activities to multi-million-dollar agreements for comprehensive deposit and credit management services. Fixed-price, cost-reimbursement, and time-and-material contract types are utilized depending on the nature of the services and the risk profile of the contract.
Federal Contracting Intelligence
Find Savings Institutions and Other Depository Credit Intermediation Contract Opportunities
Access federal solicitations, track award history, and monitor agency spend in this industry in one place. Designed to support small businesses pursuing federal revenue.
- Opportunities updated regularly from SAM.gov
- Filter by set-aside, agency, NAICS, and PSC
- Get notified when matching opportunities are posted
Schedule a Call
30 minutes • Discuss your goals with our team
Guidance
Leverage Your Certifications for a Competitive Edge
Our federal contracting specialists can help businesses build certifications and capability statements to pursue opportunities in industries like Savings Institutions and Other Depository Credit Intermediation .
- WOSB, VOSB & 8(a) certification support
- Capability statement writing & review
- SAM.gov registration & compliance guidance
Construction
Technology
Logistics
Healthcare
+ Many More Industries
Discover Your Next Industry Opportunity
Browse thousands of NAICS codes across every federal procurement sector. Find industries aligned with your capabilities and uncover where government spending is concentrated.
Search the NAICS Directory
1,000+ industry codes • Free to browse