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Cornerstone CU Foundation Awards $68,500 in Grants
Tuesday, November 15, 2016 6:55 AM

The Cornerstone Credit Union Foundation grants committee approved 39 grants totaling $68,500 during its second funding cycle to support credit unions and credit union chapters in their community outreach endeavors, financial literacy initiatives, and professional development of staff and volunteers.

“We are incredibly thankful for the continued support we receive from credit unions,” notes Emily Moreno, grants manager for the Foundation. “By awarding these grants, we are paying it forward and continuing to help credit unions reach their own goals and increase their presence in local communities.”

Among the grants awarded, 28 promoted professional development of credit union staff and volunteers. “Staying in touch with current trends, regulatory issues, and growth strategies are key to our credit union’s future success and sustainability," said Lorraine Davis with Diamond Lakes FCU after receiving a grant for staff to attend the Cornerstone Credit Union League’s Managers Roundtable. "That’s why it’s important for members of the management team to attend conferences and training sessions. Through this in-person interaction with other credit union professionals, we can trade ideas and stay in touch. It’s a great way to learn and grow."

Two credit union chapters were also able to benefit from grant dollars. Helping to provide top-notch chapter meeting speakers and supporting a community awareness campaign to promote the benefits of credit unions are examples of how the Foundation can assist your chapters.

An additional eight community outreach grants will support financial education initiatives such as reality fair materials, financial education curriculum, teacher training classes, financial education community workshops, and financial education wellness counseling. 

The Foundation is once again collaborating with GreenPath Inc., a non-profit debt solutions company with various locations in Texas, to bring financial wellness events to credit unions and their selected audiences. Credit unions interested in taking advantage of this opportunity, or those with questions about the Foundation’s grants program, may contact Emily Moreno at 469-385-6483 or email emoreno@cscuf.coop

More information about the Foundation’s grants program, including guidelines, grant cycles, and applications can also be found online at cscuf.coop.