The MCUF and Small Credit Unions in 2013 

Beth Troost
Michigan CU Foundation Executive Director

Small credit unions are encouraged to engage with the MCUF in 2013 by providing an annual donation and by looking to the foundation as a source of funding for community reinvestment initiative and operational grants and scholarships for employee educational development.

It is not inconsistent for a credit union to both provide support and utilize the funding of the foundation and that is exactly what is being encouraged as we move into 2013. The MCUF is seeking to broaden its donor base to include financial support from a larger percentage of Michigan’s credit unions, including those that seek grants and scholarships. The amount of the donation is not as important as the show of support; annual donations in any amount are encouraged and appreciated from small credit unions.  

To make supporting the MCUF easier, a new option will allow 2013 donations to be made as part of your MCUL & Affiliates affiliation package received in December.  Donations can also be made separately on the MCUF website.

The MCUF will continue to support small credit unions in 2013 with automatic employee professional development scholarships for MCUL, CUNA and CUES educational events.  SAS credit unions may also apply for a limited number of operational grants for technology and operational upgrades to improve member service.  Information about current MCUF grants and scholarships can be found on the MCUF website

Credit unions are encouraged to nominate a deserving staff or board member for the MCUF Credit Union Community Volunteer Award which recognizes a history of exemplary volunteer service outside of the credit union system. The recipient of this award chooses a student to receive the annual Woodman-Wilde Memorial Fund scholarship of $5,000. Award nominations are due on Friday, Feb. 1; information and a nomination forms can be found by clicking here.

For more information, visit www.mcuf.mcul.org or contact MCUF Executive Director Beth Troost at Beth.Troost@mcul.org or at (800) 262-6285, ext. 453.