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WASHINGTON — Even though ongoing low interest rates have hurt its income, the National Credit Union Foundation has called for applications for this year’s Innovation Grants.

NCUF renamed its traditional grant program the Innovation Grants to tie it more closely to its ongoing REAL Solutions effort and after it stopped making grant awards several times in favor of once per year. REAL Solutions is a cooperative effort between the foundation and state credit union leagues to both foster innovative ideas of how credit unions can better serve lower income communities and to assist the in tailoring those ideas to their own particular situation.

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