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NCUA Hosting Webinar on the Agency’s Grant Initiatives

Learn How Low-Income Credit Unions Can Use Grants to Provide More Services to Members

ALEXANDRIA, VA (May 8, 2013) – The National Credit Union Administration Office of Small Credit Union Initiatives (OSCUI), is hosting a free webinar, “Multi-Initiative Grants for Low Income Credit Unions,” on Wednesday, May 22, at 2 p.m. Eastern.

This webinar will provide detailed information about the various grant programs NCUA has available to low-income designated credit unions. Specifically, the webinar will help participants:

  • Understand the application process and the qualifications necessary for grant funding;
  • Determine which grant initiatives best meet the needs of low-income credit unions;
  • Learn how these grant initiatives can assist with certain operating expenses; and
  • Understand how to use these funds to expand member services and grow the credit union.

Registration for this free webinar is now open. Click here to register. Participants will also use this link to log into the webinar. Registrants should allow pop-ups from this website.

Participants may submit questions in advance at WebinarQuestions@ncua.gov. The subject line of the email should read “Multi-Initiative Grants for Low Income Credit Unions”. For technical questions about accessing the webinar, please call 703-518-6440.

Funding for these grants is provided by the Community Development Revolving Loan Fund, which Congress established to provide grants and loans to credit unions that serve low-income communities. OSCUI administers this fund.

NCUA’s OSCUI fosters credit union development and the effective delivery of financial services for small credit unions, new credit unions and credit unions with a low-income designation.

NCUA is the independent federal agency created by the U.S. Congress to regulate, charter and supervise federal credit unions. With the backing of the full faith and credit of the U.S. Government, NCUA operates and manages the National Credit Union Share Insurance Fund, insuring the deposits of nearly 94 million account holders in all federal credit unions and the overwhelming majority of state-chartered credit unions.

--NCUA--