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NCUA Low-Income Grants

Cornerstone Foundation Grants Deadline Feb. 25

Posted: Feb 3, 2022 | Author: Cornerstone League
Cornerstone Foundation  Foundation Grants 

Don’t miss the opportunity to apply for a Cornerstone Foundation’s Credit Union Development Grant or Chapter Grant for 2022. Apply today via the Foundation website

  • Application deadline: Feb. 25
  • Grants Committee meeting: March 16

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 and education opportunities
  • Credit Union Development Educator (CUDE) Program
  • Planning sessions
  • Equipment for credit union branches and offices
  • Hardware and software upgrades
  • Digital banking
  • CDFI certification assistance - consultant and membership expenses
  • Hispanic outreach
  • Audits and assessments that are not required annually or biennially

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

  • Speakers
  • Planning sessions
  • Community outreach programs

The Southwest CUNA Management School (SCMS) Scholarship window is also currently open. Individuals from credit unions registered to attend SCMS may each separately apply for a scholarship on behalf of their credit union. First-, second-, and third-year students are eligible. Application deadline: April 29.

A Financial Capability Grant from the Cornerstone Foundation is accepted year-round. Credit unions may apply annually 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
  • CDFI certification assistance - consultant and membership expenses

“We see so many of our young members come into the credit union who do not understand basic financial issues. Many school curriculums do not provide classes on financial management; therefore, I feel it is our duty to educate our future borrowers and savers to the best of our ability. Thanks to a grant from the Foundation to purchase the BALANCED Life Bundle, the Reality Fair enables us to do just that and show these young adults that sometimes "Reality is not Fair".”

—    Judy Koetter, CEO
Windthorst Federal Credit Union

Disaster Relief Grants and additional Grant Guidelines are available online. If you have questions, please contact Foundation Grants Manager Emily Moreno via email or at 214-334-3397. 

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