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 […]

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.

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The League of Southeastern Credit Unions & Affiliates represents nearly 300 credit unions throughout Alabama, Florida, and Georgia. It has a combined total of almost $200 billion in assets and 12.4 million members. LSCU provides advocacy, compliance services, education and training, cooperative initiatives, and communications.

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