balance sheet Source: Shutterstock

By nature, credit unions are people centric. From the members to the staff to the community, credit unions represent a mission to serve their stakeholders. The NCUA offers two specific solutions to help institutions achieve this mission: Employee benefits prefunding (EBPF) and charitable donation accounts. These non-traditional investment portfolios are intended to help credit unions fund expenses associated with non-monetary compensation and charitable giving. With access to investments outside traditional 703 constraints, credit unions can tap into high quality assets that historically have generated returns in closer alignment with rising expenses on employee benefits and help support financial commitments to the community.

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

Your access to unlimited content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical 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 and

Already have an account?


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


Credit Union Times

Join Credit Union Times

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 and

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2023 ALM Global, LLC. All Rights Reserved.