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 publications@nycua.org for recognition in The Point and on the Association’s Facebook page. Photos and related press releases may also be attached with the email.