Thirteen Foundation Grants Awarded

The Wisconsin Credit Union Foundation recently awarded eleven Credit Union Development and two Difference Grants–totaling over $128,000–to help Wisconsin’s credit unions better serve their members and communities.  Credit Union Development Grants The Credit Union Development Grant assists Wisconsin’s credit unions with technology- and operations-related expenses and upgrades that improve member service. This year’s recipients are:  Badger-Globe Credit Union, $10,000.00, tokenization and modernization of debit and credit card products Brantwood Credit Union, $7,500.00, security upgrades and office upgrades Brewery Credit Union, $13,000.00, ATM installation at the credit union’s new branch location Evergreen Credit Union, $10,000.00, replacement of self-service coin counting machine First Choice Credit Union, $10,000.00, home banking and mobile app security upgrades and enhancements Holy Family Memorial Credit Union, $13,000.00 for rebranding Indianhead Credit Union, $10,000.00, creation and implementation of a payday alternative lending program LCO Federal Credit Union, $9,710.00, installation of new security system MCU Financial Center Credit Union, $10,000.00, tokenization and contactless credit cards Racine Municipal Employees Credit Union, $10,000.00, upgrade of the credit union’s computers Taylor Credit Union, $10,000.00, security enhancements to the credit union’s systems The Difference Grants The Difference impacts public and policymaker perceptions of Wisconsin’s credit unions by showcasing how credit unions maximize their people-before-profit cooperative potential to meet the needs of members and their communities. This grant supports Wisconsin credit unions offering innovative services and programs that provide affordable alternatives to high-cost financial products and services, increase financial literacy, and more. This year’s recipients are: Capital Credit Union, $5,000.00, digital enhancements, and improvements to the credit union’s reality fair programs LCO Federal Credit Union, $11,258.00, creation of financial education program for community members, youth, and entrepreneurs The grant application cycle for both Credit Union Development and The Difference grants runs from May 15-June 30 annually. These grants would not be possible without the generous support of Foundation donors and partners–thank you!