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Michigan Credit Union League

MCUF Grants Available to Help Credit Unions Increase Impact

Michigan credit unions are involved in inspiring community reinvestment activities with help from the Michigan Credit Union Foundation (MCUF) grants.

Recent grants have helped Allegan Credit Union develop tools to assist underbanked community members and Filer Credit Union launch a community youth business program called “Seeds to $ave.” Funds are available to help credit unions build stronger communities by addressing community problems, creating sustainable solutions and by helping to increase community reinvestment, financial education initiatives, partnerships and more. Providing support for small or large initiatives, grants are available ranging from $100 to $20,000.

Applying for and utilizing a MCUF grant is easy. Contact MCUF Executive Director, Beth Troost, to start the process with a conversation to explore your ideas for funding. Grants from the Foundation can be used to implement unique credit union initiatives or partnerships, or to replicate or expand on existing saving, lending and educational programs to help community members.

Examples and suggestions for community reinvestment projects are listed on the MCUF website, including skilled-trade training support, foreign language financial education, non-prime lending alternatives and new financial education partnerships. Requests for funding to implement programs in low-income, underbanked or underserved areas are especially encouraged.

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.

Current MCUF grant cycle inquiries are due June 30. For more information or to get started, contact Beth Troost at (800) 262-6285, ext. 453.

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2018-06-01 00:00:00