Regulator plans June 13 webinar for low-income CUs on community development grants

Grants programs related to community development, and success stories from past awardees of the grants, will be highlighted during a June 13 webinar on the Community Development Revolving Loan Fund (CDRLF) for low-income credit unions, sponsored by the regulator of federal credit unions.

The National Credit Union Administration (NCUA) will host the 60-minute session beginning at 2 p.m. ET.

According to the agency, its Office of Credit Union Resources and Expansion will accept grant applications from July 1 through Aug. 18. Grants this year, NCUA said, will be available in the following categories:

  • Digital Services and Security (maximum grant $10,000) – helping credit unions create digital relationships with members.
  • Leadership Development (maximum grant $10,000) – promoting career development within the credit union industry.
  • Underserved Outreach (maximum grant $20,000) – assisting credit unions in improving the financial well-being of individuals in underserved areas.

NCUA Will Host Grant Initiatives Webinar