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NCUA Grant Initiatives Gives $1 Million to Low-Income Credit Unions
Thursday, May 23, 2013 6:20 AM

Low-income credit unions are about to receive a major blessing. NCUA announced this week its plans to provide up to $1.18 million in grants to low-income credit unions as part of the 2013 Community Development Revolving Loan Fund (CDRLF) Grant Initiative.

Credit unions who are eligible for the grants can receive up to $24,000 in grant awards in six program categories (to see the categories, click here), and credit unions can apply for multiple initiatives through the same application.

Applications are being accepted from June 17 through July 12. Award winners will be announced in August. To apply, please visit www.cybergrants.com/ncua/applications.