How we served credit unions last year

Since early 2020, millions of U.S. workers have lost their jobs, countless business have closed – many permanently – and the ongoing impact of a global pandemic, political division and extreme environmental catastrophes have left communities across the nation struggling to recover.

Last year, the Foundation stood ready to help credit unions navigate these unprecedented challenges, and deliver financial services that build lasting financial well-being for all.

Learn more about our impact in 2020… Scroll to Content

Ignite

Biz Kid$ Entrepreneurship Contest
$150K

Granted for financial health & well-being initiatives including building employee short-term savings through split deposits, the link between physical and financial wealth and credit union storytelling.

A young Latinx man with his children
$25K

Given in scholarships for 100 credit union professionals to attend CUNA’s FiCEP program, to learn how to better serve their members.

CU FinHealth attendees at a table

Financial Well-being Convenings

Two cross-industry events were hosted with system partners, credit unions and researchers to examine the “state of the state” of consumer financial well-being in the credit union space. 

Inspire

de participants smiling

World-Leading Education, Virtually

Our Credit Union Development Education (DE) program transitioned to a virtual environment, increasing capacity and accessibility at a time when the program’s learning was most vital. 

delighted woman and three other people with award

Eight ‘Exploring ‘Why’ workshops were delivered, helping credit union staff connect to the credit union difference and discover new ways to drive value for members and their organization.

people smiling

Released the ‘Exploring Our Values’ online learning resource for free; guiding credit union professionals through the fundamentals of a cooperative structure and the intersection with your mission.

1,000

Credit union professionals were inspired during the highest awards in the movement: the Herb Wegner Memorial Awards.

Respond

A broken house sits atop an upturned car.
$437K

Granted via CUAid to help credit union employees affected by natural disasters such as earthquakes, flooding, tropical storms, wildfires and hurricanes.

The Foundation expanded the CUAid disaster recover program with the launch of a free app, designed to help credit unions prepare, connect and share resources in the event of a disaster 

two people surveying wildfire damage

2020 Impact Report

The Foundation is a catalyst for change in the credit union movement. We hope donors take pride in the impact they’ve helped us make in 2020 to change people’s financial lives through credit unions.

View the Impact Report
2020 Impact Report

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