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TCUF grants total over 203234 for 2010
FARMERS BRANCH, Texas (10/14/10)--A grant to Unity One CU in Fort Worth, Texas, is the latest from the Texas Credit Union Foundation (TCUF), which has made 74 grants to credit unions, chapters and local partners totaling more than $203,234 in 2010. The grants provide credit union training and education, financial education initiatives and local outreach programs (LoneStar Leaguer Oct. 13). Unity One CU received its $2,500 grant for $2,500 to sponsor its “Build Your Own Credit Union Program,” which introduces teens to the importance of being financially literate through hands-on education. Students interact with members of the business sector, who provide real life situations and share their expertise in their fields. The students also serve as an informal focus group to help the credit union identify products and services to attract members from GenY and beyond. TCUF also provided 41 Southwest CUNA Management School scholarships totaling $51,246 to 15 first-year students, 12 second-year students and 14 third-year students. “This year has been one of change, from the economical standpoint through the operations within the industry, but it was one that the foundation took extra steps to provide exceptional training and assistance through,” said Courtney Nickles, executive director of TCUF. “We’ve taken financial literacy to the classrooms of hundreds of schools around the state, brought our efforts to a global audience in Belize and have made plans to make 2011 even more successful.” TCUF also administers the Community Investment Fund (CIF) Grants program on behalf of the Texas Credit Union League. Throughout the year, it has made 66 grants totaling $123,795 to credit unions for training and education, small credit union workshops, system upgrades, audits, planning sessions, equipment and a scholarship to attend the Development Educator Program. The foundation also has a new video, “Together We Make a Difference,” which details exceptional results that are gained when credit unions, their members and their communities are engaged and the efforts of TCUF during 2010. It can be viewed at TCUF’s website.
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