Foundation awards $40K in grants through June

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Since January, the New York Credit Union Foundation has awarded more than $40,500 in grants to New York credit unions and credit union professionals.

A total of 55 individuals from 26 credit unions have received nearly $24,300 in Professional Development Grants from the Foundation during the most recent grant cycle. Professional Development Grants help credit union employees and volunteers attend education and training programs offered by the New York Credit Union Association and other credit union system organizations.

The Foundation has also awarded $4,780 in Small Credit Union Grants to 3 credit unions, as well as $11,500 in Smart Money Grants to 4 credit unions.

Small Credit Union Grants help credit unions with up to $100 million in assets fund initiatives to improve member service. Smart Money Grants fund credit unions’ efforts to reach emerging and underrepresented markets, including youth, older Americans, immigrant populations and people of low or modest means.

The New York Credit Union Foundation is the 501(c)(3) public charity operated by the New York Credit Union Association and funded by the support of organizations and individuals. To achieve its mission of “fostering the financial independence of New Yorkers through credit unions” the Foundation provides the New York credit union community with grants and other financial aid. These grants are used by credit unions to deliver adult and youth financial education, enhance member service, train staff/volunteers and assist those impacted by natural disasters.

To learn more about the Foundation and its grant programs, visit the Foundation’s website.

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