Recognition Round-Up: Alternatives FCU among NCUA grant recipients

gold cup winner

Alternatives FCU in Ithaca was one of 17 low-income credit unions to be awarded with an NCUA grant to provide financial literacy coaching and enhance economic opportunities for members in low-income communities. In total, NCUA provided $536,000 to the grant recipients, who can use the grants to:

  • provide micro-loans to small businesses;
  • provide payday alternative loans;
  • support workforce development training;
  • support the use of innovative technology; and
  • encourage credit union partnerships with community organizations.

About Recognition Round-Up
Credit unions and credit union leaders receiving a significant local, state or national award are encouraged to email for recognition in The Point and on the Association’s Facebook page. Photos and related press releases may also be attached with the email.

Leave a Reply