Catalyzing change through credit unions: Q1 2022 in review
The National Credit Union Foundation serves as a catalyst to improve people’s financial lives through credit unions. In Q1, we’ve published impactful resources, hosted inspirational events and delivered industry-leading education programs – all to help credit unions improve financial well-being for all.
Research briefs and quick start guides
The Foundation partnered with Pelican State Credit Union, a Certified Community Development Financial Institution, to compile a research brief, documenting the credit union’s Financial Wellness Program from 2019 to 2021.
In partnership with SchoolsFirst FCU, we showcased how credit unions can place financial well-being at the heart of the lending and underwriting process.
We contributed to Royal Credit Union’s white paper detailing their financial education program for incarcerated individuals.
The Foundation and Filene Research Institute collaborated to develop a financial well-being quick start guide. The guide provides compelling data, inspirational examples and considerations for credit unions at any stage of the financial well-being journey.
The Foundation Dinner
Our fundraising gala returned in-person, held in conjunction with CUNA’s Governmental Affairs Conference. The event included the 33rd annual Herb Wegner Memorial Awards.
Education and training
This year marks the 40th anniversary of our signature Development Education (DE) program. The first class of the year graduated in spring.
The Foundation has delivered customized Exploring WhyTM workshops for a number of credit unions, helping thousands of employees leverage the credit union difference to improve financial well-being for all.
Projects and grants
The Foundation became the fiduciary for the new designated, restricted FinHealth Fund. The Fund was created to support, scale and accelerate work that will help the entire credit union system improve financial well-being for all.
Our Side EffectsTM project was integrated into the Members Development Company’s NextUP innovation program. This project will ideate and incubate ways credit unions can more effectively serve members experiencing health-related financial challenges.
Learn more about Side Effects.
Our grant program to help seven small credit unions better understand and support the diverse needs of their membership got underway, and is already unearthing valuable insights.
Support the work
The impact of this work is exponential. It is long-lasting, and system wide. But it is not possible without your support. Your donations enable greater access to our training and workshops. It increases our grants capacity and expands our ability to identify, document and share best practices that improve financial well-being for all. Please consider becoming a corporate supporter today.