COVID-19 Urgent Need Grants Fully Utilized

Credit Unions May Still Apply for Urgent Needs Grants Related to Natural Disasters

ALEXANDRIA, Va. (July 15, 2020) – Funding for the COVID-19 urgent need grants initiative has been fully utilized and new applications will no longer be accepted, the National Credit Union Administration announced today.

The NCUA will complete the review process for COVID-19 urgent need grant applications that are currently pending, and the agency will notify credit unions of its decisions on those applications by email.

Urgent need grants will remain available for events not related to the pandemic. Federally insured, low-income-designated credit unions may apply for grants up to $7,500 for emergency and natural disaster relief.

Eligible credit unions wishing to apply for urgent needs grants should review the NCUA’s Urgent Need Grants Guidelines. Apply through the agency’s CyberGrants portal.

Credit unions with questions should contact the Office of Credit Union Resources and Expansion by email at CUREApps@ncua.gov.

IR Press

Share
Published by
IR Press

Recent Posts

U.S. Department of the Treasury’s Federal Insurance Office Launches New Partnership with the National Science Foundation on Terrorism and Catastrophic Cyber Risks

WASHINGTON – This week, the U.S. Department of the Treasury’s Federal Insurance Office (FIO) hosted…

4 days ago

IRS Direct File Pilot Exceeds Usage Goal, Receiving Positive User Ratings and Saving Taxpayers Money

140,803 Taxpayers Filed Their Taxes Directly with the IRS for Free as users claimed more…

4 days ago

Acting Comptroller Issues Statement on the FDIC’s Proposals Related to Change in Bank Control Act

WASHINGTON—Acting Comptroller of the Currency Michael J. Hsu today issued the following statement at the…

5 days ago

Treasury Targets Networks Facilitating Illicit Trade and UAV Transfers on Behalf of Iranian Military

WASHINGTON — Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) is…

5 days ago

U.S. Department of the Treasury, IRS Release Final Rules on Provision to Expand Reach of Clean Energy Tax Credits Through President Biden’s Investing in America Agenda

New Inflation Reduction Act Provision Broadens Access and Boosts Return on Clean Energy Tax CreditsWashington,…

5 days ago