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Advocacy

In both Lansing and Washington, D.C., MCUL is working alongside our partners at America's Credit Unions to make sure the voice of the credit union industry is heard. Through weekly updates, a year-long events schedule and countless grassroots events held throughout the state, MCUL is dedicated to continually educating legislators and regulators about the difference credit unions make, both here in Michigan and at the national level.

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Last Week to Apply for 2024 CDRLF Grant Round

Low-income-designated credit unions have until July 1 to apply for 2024 Community Development Revolving Loan Fund grants.

The agency will administer more than $3.4 million in CDRLF grants to the most-qualified applicants, subject to the availability of funds. Eligibility and award categories information is available here, and credit unions with questions about the grants should contact the NCUA’s Office of Credit Union Resources and Expansion at CUREAPPS@ncua.gov.

A webinar explaining how to apply for a CDRLF grant is available on the NCUA’s YouTube Channel.

The 2024 CDRLF grant round is open to credit unions with a low-income designation. Minority depository institution credit unions are not eligible for funding in this year’s grant round if they do not have the low-income designation. Credit unions with questions about the low-income designation should contact the NCUA’s Office of Credit Union Resources and Expansion at dcamail@ncua.gov.



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