The Minnesota Credit Union Foundation has established a $65,000 Grant Pool for the purpose of pandemic relief fund to support MnCUN affiliate members under $100M in assets.
Credit unions may apply for funding to address a past, current or future expense as they transition to address the challenges that the COVID-19 crisis has created for the industry. Pandemic-related expenses that have been incurred after March 15th, 2020 will be considered.
Credit unions may apply beginning immediately and the Foundation will accept applications as funding permits or until December 1, 2020. A portion of the available funds were provided by a generous donation from Alloya Corporate Credit Union.
Grant requests can be up to $2,500 and must be used to support expenses directly related to the pandemic including but not limited to:
How to apply: Complete the application form, which includes a description of the fund use, proof of expense or detailed proposed budget, and credit union CEO approval. With questions, contact Andrea Molnau, MnCU Foundation Executive Director.
The Pulse is MnCUN's newsletter that keeps credit union professionals and board members updated on current news and information.