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NY CU Foundation Awards More Than $40K from January through September

(Albany, NY) – Since January, the New York Credit Union Foundation has dispersed $40,651 in grant funding to New York credit unions and credit union professionals.

During the Foundation’s June-September grant cycle, five credit unions received Financial Fitness Grants to fund general operating needs to improve member service, and two credit unions received Smart Money Grants to help fund programs and services that promote financial literacy and independence.

A total of $6,800 in Financial Fitness Grants was awarded to:

  • Erie County FCU was awarded $1,100 for the purchase of an ATM machine at a new location;
  • MPO FCU was awarded $1,500 for the purchase of firewall software and a license update;
  • Mount St. Mary’s Hospital FCU was awarded $1,500 for the purchase of a core processing system upgrade;
  • SUNY Geneso FCU was awarded $1,500 for the purchase of teller station equipment (printers); and
  • UHS Employees FCU was awarded $1,200 for the purchase of a Lenovo ThinkPad laptop.

Smart Money Grants totaling $2,750 were awarded to:

  • Syracuse Cooperative FCU received $1,500 to be used toward a Matched Savings Program; and
  • WESTAR FCU received $1,250 to be used to purchase the software for and host a Mad City Money event.

“The Foundation and its credit union contributors from across the state are pleased to be able to provide these grants that directly or indirectly focus on enhancing services to their members,” said Allison Barna, director of the New York Credit Union Foundation.

The New York Credit Union Foundation serves credit unions, schools and community organizations that help improve the financial independence of New Yorkers and promote the credit union difference. For more information about the Foundation, visit www.nycuf.org.

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