NCUA begins taking LICU grant applications Feb. 3
2014 – Credit unions with NCUA’s low-income designation can begin submitting
their requests for technical
assistance grants from the agency Feb. 3.
designated credit unions can receive up to $16,500 in funding for the following
categories: new community development financial institution certification, new
products and student internships.
than 2,000 federally insured credit unions have the agency’s low-income
will provide $481,000 in total funding during the first 2014 round of technical
assistance grants. The application period runs Feb. 3 through Feb. 14.