NCUA Extends MDI Mentoring Grants Application Deadline to July 31
Credit unions eligible to apply for the National Credit Union Administration’s minority depository institutions mentoring grants now have until Friday, July 31, to submit their applications, the agency announced today.
The NCUA will make grants of up to $25,000 to help small institutions establish mentoring programs with larger, low-income-designated credit unions to provide expertise and guidance in serving low-income and underserved populations.
Interested credit unions can apply through the agency’s CyberGrants online portal(opens a new window). Application guidelines are available online here(opens new window). Staff from the NCUA’s Office of Credit Union Resources and Expansion will be available to answer questions about the program through Wednesday, July 29. Credit unions should submit questions to staff by email to CUREAPPS@ncua.gov.
The NCUA is the independent federal agency created by the U.S. Congress to regulate, charter and supervise federal credit unions. With the backing of the full faith and credit of the United States, NCUA operates and manages the National Credit Union Share Insurance Fund, insuring the deposits of account holders in all federal credit unions and the overwhelming majority of state-chartered credit unions. At MyCreditUnion.gov(opens new window), the NCUA also educates the public on consumer protection and financial literacy issues.
“Protecting credit unions and consumers who own them through effective regulation.”