NCUA recently announced a new opportunity for grant funding. Eligible low-income credit unions may apply for the Financial Education and Financial Literacy Initiative to encourage financial literacy and education training in collaboration with schools, community organizations, and financial institutions.
The application and guidance are available on NCUA’s website at http://www.ncua.gov/Resources/CreditUnionDevelopment/Finance.aspx in the section focused on Technical Assistance Grants. NCUA will announce the awards in late July.
Offered through the agency’s Office of Small Credit Union Initiatives, NCUA will distribute $200,000 in grants. Credit unions may submit grant applications from April 18 through May 20, 2011.