The NCUA announced Aug. 28 that 126 low-income credit unions are sharing $871,597 from the agency’s 2013 Community Development Revolving Loan Fund’s grant round.
Ford Foundation pledge of $700,000 to fund launch of financial services incubator.
Community Development Revolving Loan Fund grants announced by NCUA.
Grants totaling $124,961 will be used to promote financial literacy through educational curriculum.
Home banking software, fax machine and summer financial literacy programs among funded projects for small New York credit unions.
Five of the eight winners of the Center for Financial Services Innovation second round of Financial Capability Innovation Fund awards are either offshoots of credit unions, have credit unions partners or have a history of working with credit unions.
Foundation awards $51,885 to support small credit union development, community service and marketing and business development.
Agency says grant, to be used to improve talent management, is largest offered yet to LICUs.
Long Island credit union touts record of giving, support for education.
NCUF encouraging applications for funding financial literacy projects for elementary to high school students.