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On Thursday, the National Credit Union Foundation said it had created a $100,000 grant to help smaller credit unions analyze their membership demographics and better grasp the ways culture, race and ethnicity impact financial well-being.

In a statement, the Foundation said the money will be split between several credit union grant recipients. Those credit unions that are approved for the grant money will also receive access to programs, data analysis and consultation from the multicultural analytics and consulting firm Coopera, as well as assistance from the financial health and data analytics organization Attune.

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Michael Ogden

Editor-in-Chief for CU Times.

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