Last week, The Wisconsin Credit Union Foundation's Board of Directors awarded its Emerging Markets Grant to Royal Credit Union and two Professional Development scholarships to credit union professionals looking to continue their education.
The Emerging Markets Grant, introduced in 2019, supports efforts to reach communities in Wisconsin that struggle to be served by traditional financial services. This year, Royal Credit Union received a $1,500 grant to partner with Power of Perception, a local mentorship program for 6th-12th grade African American and biracial students, and provide four incentivized virtual financial education sessions.
In addition, The Foundation awarded two professional development scholarships to Sara Cardinal (Premier Financial Credit Union) and John Lyon (Southern Lakes Credit Union). Both recipients will be using their scholarship funds for CUNA Management School in 2021.
The Wisconsin Credit Union Foundation is a 501(c)(3) non-profit organization that promotes the wellness of credit unions and the communities they serve. The Foundation's resources are used to promote credit union development, help educate credit union staff and volunteers, support programming to enhance financial literacy, and assist the credit union system in times of need.