The Wisconsin Credit Union Foundation is proud to announce the recipients of its Credit Union Development and The Difference Grants. In total, over $87,680 was awarded to ten Wisconsin credit unions, allowing them to better serve their members and communities.
Credit Union Development Grants
This grant assists Wisconsin's credit unions with technology- and operations-related expenses and upgrades that improve member service. This year's recipients are:
- Brantwood Credit Union, Brantwood. $10,500 for upgrades to the credit union’s HVAC system.
- Brokaw Credit Union, Weston. $11,000 for upgrades to the credit union’s security camera system.
- Evergreen Credit Union, Neenah. $3,600 for improving the credit union’s member communication technology.
- Holy Redeemer Community Credit Union, Milwaukee. $5,000 to upgrade the credit union’s technology, create a website, and improve marketing.
- La Crosse-Burlington Credit Union, La Crosse. $6,680 for improving the credit union’s website and strengthening IT security.
- Racine Municipal Employees Credit Union, Racine. $15,000 for the implementation of instant issue debit cards.
- Sheboygan Area Credit Union, Sheboygan. $10,000 for a redesign of the credit union’s website.
- Wisconsin Medical Credit Union, Green Bay. $8,400 for implementation of a targeted marketing program.
The Difference Grants
The Difference impacts public and policymaker perceptions of Wisconsin's credit unions by showcasing how credit unions maximize their people-before-profit cooperative potential to meet the needs of members and their communities. This grant is to support Wisconsin credit unions offering innovative services and programs that provide affordable alternatives to high-cost financial products and services, increase financial literacy, and more. This year's recipients are:
- Glacier Hills Credit Union, West Bend. $7,500 for A New Path, their credit improvement/financial wellness program aimed at assisting members who are struggling to get their monthly cash flow moving in a positive direction.
- Verve, a Credit Union, Oshkosh. $10,000 for Fraud Squad, a partnership with local law enforcement and creative partners to curb the devastating effects fraud and scams can have in communities.
The grant application cycle for both Credit Union Development and The Difference grants runs from May 15-June 30 annually. The Emerging Markets Grant application cycle will begin September 15.
These grants would not be possible without the generous support of Foundation donors and partners--thank you!