NCUA reminds June 26 is last day for low-income CU grant applications

A reminder of the June 26 due date for applications from low-income-designated credit unions for grants in the Community Development Revolving Loan Fund’s (CDRLF) current round was issued Wednesday by the National Credit Union Administration (NCUA).

In an NCUA Express message, the agency noted that it plans to provide approximately $1.5 million in CDRLF grants in three categories:

  • Underserved Outreach, with awards capped at $50,000 each;
  • Minority Depository Institution Mentoring, with awards capped at $25,000 each;
  • Digital Services and Cybersecurity, with awards capped at $7,000 each.

The NCUA said awards will be made subject to the availability of funds.

For more information, see the NCUA’s grants program webpage. Send any questions to the agency’s Office of Credit Union Resources and Expansion (CURE) at CUREAPPS@ncua.gov.

Grants program page

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