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NCUA Low-Income Grants

Cornerstone Foundation 2021 grants cycle opens Jan. 1

Posted: Dec 16, 2020 | Author: Cornerstone League
Foundation  grants 
Beginning Jan. 1, credit unions and chapters will have the opportunity to apply for all Cornerstone Foundation grants through a new online grant portal via the Foundation website.

As you plan out your credit union staff’s professional development and required training for the year, make sure to keep the following deadlines in mind.

Credit Union Development and Chapter Grant requests

  • Application deadline: March 1
  • Grants Committee meeting: March 10

Credit unions may apply annually for a Credit Union Development Grant, which includes but is not limited to one or more of the following requests:

  • COVID-related expenses, such as personal protective equipment, video conferencing license, technology to serve members remotely, and professional cleaning after exposure
  • Staff and volunteer training opportunities
  • Credit Union Development Educator (CUDE) Program
  • Planning sessions
  • Equipment for credit union branches and offices
  • Hardware and software upgrades
  • Digital banking
  • Hispanic outreach
  • Audits and assessments that are not required annually or biennially

Chapters may apply annually for a Chapter Grant for the following requests, which include but are not limited to one or more of the following requests:

  • Speakers
  • Experiential learning programs for financial capability
  • Planning sessions
  • Community outreach programs

Southwest CUNA Management School scholarships

  • Application deadline for scholarships: April 30
  • First-, second-, and third-year students are eligible.

Financial Capability Grants

These grant requests are accepted year-round.

Credit unions may apply annually for a Financial Capability grant, which includes but is not limited to one or more of the following requests:

    • Community financial capability outreach programs
    • Save To Win program
    • Financial education curriculum
    • Experiential learning programs for financial capability

    Disaster Relief Grants

    Phase I disaster relief grant requests are accepted year-round and are available to credit union staff and volunteers. Disasters are identified as fire, wind, hail, or flood damages to an individual’s primary home and contents and vehicle(s).

    For questions, contact Foundation Grants Manager Emily Moreno at emoreno@cornerstonefoundation.coop or 214-334-3397. 

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