RANCHO CUCAMONGA, Calif. – Credit union staff who want to join the California Credit Union League’s professional networks but are unable to because their credit union doesn’t have the funds to pay for annual dues, can apply for grant assistance from the Richard Myles Johnson Foundation. The foundation’s board voted to add the networks to the roster of educational and professional development programs it provides financial assistance for. The eligible networks are the CCUL’s CU Security Network, CU Lending Network, Call Center Network, CFO Network, and the Business Development Network. Grants are available on a sliding scale based on credit union assets. CUs can apply for multiple grants to allow more than one staff member to join a network.
The equity distribution was the second since the Temporary Corporate Credit Union Stabilization Fund was merged with the SIF.
The drop suggests the housing market is still struggling as buyers strain to find affordable options.
PSCU also announced that almost 50% of its employees completed training on the significance of the credit union movement.
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