Michigan CU Foundation Awards Grants to Build Stronger Communities
The Michigan Credit Union Foundation is awarding close to $100,000 in grants to help credit unions invest in their communities and pursue social mission initiatives.
MCUF Trustees approved 26 grants totaling $95,000 to 24 credit unions and two chapters. One grant will help CASE CU provide their low-income members with access to safe and affordable transportation through unique auto lending enhancements. Other grants target helping homeless veterans, retirees and underbanked residents. Financial education is a key component in many of the credit union initiatives including several financial reality fairs. Click here for a listing of the MCUF grant funded community reinvestment and financial education activities. These grants are distributed to support activities that tell the story of how credit unions are helping individuals, families and business in underserved segments thrive.
“Distributing grants to support community enrichment is an excellent opportunity for the MCUF to showcase how credit unions are reinvesting into their communities. Our hope is that the grant money will spur many ongoing projects from which our next generation of leaders and the communities will benefit,” MCUF President Carma Peters said.
Funded by donations from credit unions, chapters and businesses, MCUF works cooperatively to help credit unions thrive and serve Michigan communities through financial education, community reinvestment and professional development support. Although the current grant cycle is over, MCUF will continue to help interested credit unions and chapters with materials and guidance to facilitate the Financial Reality Fair for teens and the Route Your Retirement Fair for adults. To learn more visit www.mcuf.mcul.org.Go to main navigation