NCUA grant strengthens digital platform
As a part of the Community Development Loan Fund, the NCUA Office of Small Credit Union Initiatives is offering a Digital Services and Security grant of up to $7,500 for low-income designated (LID) credit unions to assist with improving digital member services, cybersecurity, and fraud prevention.
The grant can be used to offer services like remote deposit capture, digital payments and wallets, or mobile loan applications or to provide cybersecurity training or digital encryption.
The grant and loan program provides funds to low-income credit unions so that they may extend services to their members and improve credit union operations. Grant applications are due by 3 p.m. ET on July 31. Click here for more details.