WASHINGTON — The National Credit Union Foundation has announcedthat the $1.2 billion Truliant Federal Credit Union is therecipient of its fourth Innovation Grant for 2008.

|

The CU's has been granted $22,840 to help it continue to providefinancial education, business and credit counseling to smallbusiness people and entrepreneurs in low income communities.

|

“Rural entrepreneurs in particular need greater access to equitycapital,” observed Truliant Director of Community Services MarjorieRorie.

|

“Our program aligns with the mission of NCUF to 'improveconsumer financial independence through credit unions,' byincreasing access to loans for low-wealth and rural-basedentrepreneurs in underserved communities,” she added. “We want tobroaden financial options for start-ups and growing businesses. Wewill make a concerted effort to provide financial literacy amongadults and youths to prepare them better for entrepreneurship.”

|

The credit union's program for lower income entrepreneurs hasfocused on improving credit scores and business planning,particularly business financial planning.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.