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…
Ignite
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.
Given in scholarships for 100 credit union professionals to attend CUNA’s FiCEP program, to learn how to better serve their members.
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
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.
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.
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.
Credit union professionals were inspired during the highest awards in the movement: the Herb Wegner Memorial Awards.
Respond
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.
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
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