Katie BaileyCredit unions in Alabama, Florida, Georgia, and Virginia have a new way to manage charitable giving with greater ease and impact. The Credit Union Charitable Fund, offered through the Credit Union Impact Foundation, provides each credit union with a dedicated, named charitable account, allowing them to support the causes they care about without added administrative burden.
Credit unions maintain full control over their giving priorities, while charity vetting, grant processing, and reporting are handled on their behalf. This approach supports consistent, strategic giving while preserving local recognition.
Participants receive quarterly updates and a year-end summary, making it easy to share impact with leadership and members.
Getting started requires an initial contribution of $10,000. A one-time $150 setup fee, a quarterly fee of 0.75% of the account balance, and a $25 fee per grant apply, covering all administrative and reporting services.
For credit unions looking to streamline their giving while strengthening their impact, this fund offers a simple and effective solution.
For more information, please contact the Foundation team at cuif@the-league.coop.
