Page 12 - MCUL: 2020 CU Impact Report

12 CREDIT UNION IMPACT REPORT SPRING 2020

2019 COMMUNITY

REINVESTMENT GRANTS

MCUF awarded a total of nearly $129,000 in community reinvestment grants to 15
different credit unions or credit union chapters. Here’s how these organizations
used these grants to make Michigan a better place:

a. AUTOMATED SAVINGS AND
EDUCATION PLATFORM
4Front Credit Union in Traverse City
is using its grant to implement Plinqit, a
goal-based automated savings and
financial education program.

b. DIGITAL TECHNOLOGY FOR
HIGH SCHOOLERS
Alpena Alcona Area Credit Union is
supporting AAA high schoolers by installing
interactive digital boards and tablets that
will enhance financial and technology
education for students.

c. STUDENT-RUN CREDIT UNION f. CHILDREN’S SAVINGS ACCOUNTS
CP Federal Credit Union, located in Jackson,
BlueOx Credit Union put its grant money partnered with the Jackson Community
towards a new student-run credit union Foundation and school district to put its
branch in a Battle Creek high school. grant money toward a free children’s
savings account program designed to assist
with education and training expenses after
d. FINANCIAL EDUCATION high school.
WORKSHOPS
The Lansing-based CASE Credit Union is
using its grant funds to coordinate and g. CHILDREN’S FINANCIAL
hold collaborative monthly financial LITERATURE
education workshops with on-site access With the grant, Muskegon area credit unions
to community services. financed books for classroom financial
education as part of Muskegon County’s
children’s savings program.
e. FINANCIAL EDUCATION
TECHNOLOGY
Burton-based ELGA Credit Union used grant h. YOUNG PROFESSIONAL GROUP
funds to coordinate hands-on financial In 2019, MCUF coordinated a group of young
education sessions for youth and adults professionals called FUELmi dedicated to
through the use of app-loaded tablets. community outreach projects.