The Credit Union Development Fund is now accepting applications for its 2015 grant programme from across the UK.
The Fund is designed to support specific projects or activities run by credit unions.
The aims of the scheme are to:
• Develop initiatives in the sector, specifically around the promotion of general awareness of the sector.
• Enhance the level of professionalism within the sector.
• Support financial inclusion for credit union members.
• Enhance the level of professionalism within the sector.
• Support financial inclusion for credit union members.
Grants of up to £3,000 are available to both new and existing credit unions. PLEASE NOTE: applicants are required to hold an account with Unity Trust Bank.
The types of projects that may be supported include, but are not limited to:
• Marketing – designing and printing leaflets, posters, banners, signage etc to promote the credit union.
• Telephone/IT infrastructure – investing in or upgrading the phone and computer technology hardware, software or systems that the credit union and/ or customers use to administer accounts.
• Human resource – recruitment, consultancy, agency, salaries or training for staff or volunteers which will enhance the knowledge and operation of the credit union.
• Partnerships – building partnerships with other community organisations such as schools, religious groups, housing associations, councils, etc to promote the work of the credit union and increase membership, reach and impact.
• Lending – to begin or grow lending activities to become a clear alternative to payday or doorstep lenders.
• Buildings – moving, renting, purchasing, or refurbishing property used as a base or outlet for the credit union to enhance capacity and visibility to members, especially in areas with no local banking presence.
• Telephone/IT infrastructure – investing in or upgrading the phone and computer technology hardware, software or systems that the credit union and/ or customers use to administer accounts.
• Human resource – recruitment, consultancy, agency, salaries or training for staff or volunteers which will enhance the knowledge and operation of the credit union.
• Partnerships – building partnerships with other community organisations such as schools, religious groups, housing associations, councils, etc to promote the work of the credit union and increase membership, reach and impact.
• Lending – to begin or grow lending activities to become a clear alternative to payday or doorstep lenders.
• Buildings – moving, renting, purchasing, or refurbishing property used as a base or outlet for the credit union to enhance capacity and visibility to members, especially in areas with no local banking presence.
The deadline for applications is 1pm on Friday 28 August 2015.
An online application form and further information is available from the Unity Trust Bank’s website.
(Source: GRIN)
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