Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
More Than $1M In Grants Available From NCUA
WASHINGTON (5/22/13)--Low-income credit unions can now apply for a total of $1.18 million in grants to help support their financial literacy, product development, collaboration, staff and board member training, office relocation and computer modernization efforts, the National Credit Union Administration said on Tuesday.

Eligible credit unions may apply for as much as $24,000 in funding. Grant applications can be filed between June 17 and July 12, and grantees will be announced at the end of August, the agency said. Eligible credit unions may file a single application for all funding initiatives, the NCUA added.

NCUA Chairman Debbie Matz encouraged eligible credit unions to apply. "These grants provide critical assistance to low-income designated credit unions so they can better meet the evolving financial needs of their members," she added.

The grant money was appropriated by Congress through the Community Development Revolving Loan Fund. NCUA's Office of Small Credit Union Initiatives administers that fund.

The NCUA has scheduled a "Multi-Initiative Grant Webinar" for today at 2 p.m. ET.

For the full NCUA release, and to register for the webinar, use the resource link.
Other Resources

NCUA Release
RSS print
News Now LiveWire
Tech. advances don't dampen consumer #cybersecurity concerns #NewsNow http://t.co/HNn4Hojadv
13 hours ago
.@TheNCUA board unanimously voted today to designate board member Rick Metsger as vice chairman, effective immediately.
14 hours ago
We really want to hear from our readers. Please take the News Now survey: http://t.co/BYiQ5vr5Ob
16 hours ago
Advanced technologies don't quell cybersecurity fears #NewsNow http://t.co/ZJ20bimRvv
16 hours ago
.@CentralMaineCom reports #creditunions have issued thousands of new cards to proactively protect members from Home Depot data breach.
17 hours ago