Your article was successfully shared with the contacts you provided.
Earlier this fall, credit unions were awarded a record-breaking $30 million in Community Development Financial Institution grants from the United States Treasury. That’s great news for credit unions and the communities they serve. The better news is that credit unions have been garnering a larger share of the CDFI awards each year. It’s a trend that’s definitely on the rise.
If you decide your credit union needs a slice of the CDFI pie as well, there are some hallmarks of a top-notch grant application that will help you qualify for these funds. Just a reminder, however – this is a competitive process. To help give you a leg up, listed below are a nine tips that will enable your credit union to be successful in garnering these all-important funds for a significant and lasting impact on your community and members.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing. Once you are an ALM digital member, you’ll receive:
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.
Go beyond the standard loan shopping experience and engage your members with a pre-qualification solution that consistently delivers 30 percent more loans at a fraction of your current cost. Realize the power of “No Credit Impact” messaging and the latest in lending technology.
Are you fighting for digital transformation alone at your credit union and facing resistance? This toolkit is stocked with compelling benefits, stats, success stories, and a slide deck to help get buy-in from the rest of the C-Suite or board.
What is your credit union’s profitability plan and how are you progressing towards those goals? This eBook outlines five success strategies to guide your credit union’s journey to a strong profitability plan.
Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!
Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
Exclusive discounts on ALM and Credit Union Times events.
Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.