FARMERS BRANCH, Texas (5/27/10)--The Texas Credit Union Foundation (TCUF) dispersed $23,544 in grants during the second quarter. The grants program included credit union and chapter grants, and financial literacy initiatives, said the Texas Credit Union League. The dispersal adds to the $137,240 already awarded by TCUF in the first quarter (LoneStar Leaguer
May 26). Recipients include Security One FCU, Arlington, which will use its funds to co-sponsor a “Money Matters: Make it Count” program for the Boys and Girls Club of Arlington. TCUF has supported the program for two years. “This year, the program will be available at three locations and our goal is for 100 students to participate with 75 graduating,” said Pamela Stephens, Security One president/CEO and Texas league chairman. Other grants include:
* Three Junior Achievement partnerships with credit unions; * One chapter grant; * One scholarship to send a credit union professional to the National Credit Union Foundation’s Development Educator program; * A partnership with the Financial Literacy Coalition of Central Texas to deliver the Sammy the Saver program and products to young Texans; and * Six training and conference scholarships for credit union staff and volunteers.
TCUF provides grants for financial literacy, professional development and disaster relief. The grants are supported by Texas credit unions, the Texas league, Credit Union Resources Inc., credit union chapters, corporate sponsorships, Community Investment Fund investors, industry groups and individual donations.