Katie BaileyThe Credit Union Impact Foundation offers several grants to help credit unions strengthen their communities, improve services, and innovate. Here’s a quick look at each program:
Community Impact Grants (Powered by Vizo Financial)
These grants help credit unions remove barriers to financial wellness and community prosperity. They support projects that promote financial literacy, as well as credit unions working toward Community Development Financial Institution (CDFI) certification or needing assistance with CDFI Fund grant writing. The goal is to provide resources that help credit unions make a real impact in their communities. Maximum grant amounts are $5,000 for credit unions and $1,500 for The League Chapters.
Credit Union Development Grants
These grants focus on improving the sustainability and growth of credit unions. They fund projects that enhance staff and volunteer development, support technology adoption, improve operations, and encourage innovation. This grant helps credit unions become stronger and better equipped to serve their members for years to come. The deadline to submit is May 20. Maximum grant amounts are $2,500.
Professional Development Grants
Designed for credit union CEOs, employees, board members, and supervisory committee members, these grants provide support for attending educational events. The program targets smaller credit unions or those with financial challenges, covering tuition and sometimes travel costs. This helps credit union leaders continue learning and growing in ways that benefit both them and their communities. Requests must be received at least 30 days before the event.
These grants are designed to provide the support credit unions need to continue growing, innovating, and serving their communities. For more details and to apply, visit The Credit Union Impact Foundation’s Grants Page.
