This grant is designed to support credit unions facing immediate and pressing financial or operational challenges. Its primary purpose is to ensure the continued, uninterrupted operations of these vital financial institutions. Specifically, this initiative addresses sudden, unplanned, or unexpected costs that arise, which, if left unaddressed, could severely disrupt existing services provided to members. By providing timely financial assistance, the grant helps credit unions overcome unforeseen obstacles, maintain stability, and continue serving their communities effectively. It acts as a critical safeguard against operational disruptions caused by urgent, unforeseen circumstances, ultimately protecting member services.
Opportunity ID: 54189
General Information
| Document Type: | Grants Notice |
| Funding Opportunity Number: | NCUA6051 |
| Funding Opportunity Title: | Urgent Needs Grants |
| Opportunity Category: | Discretionary |
| Opportunity Category Explanation: | – |
| Funding Instrument Type: | Grant |
| Category of Funding Activity: | Community Development |
| Category Explanation: | – |
| Expected Number of Awards: | – |
| Assistance Listings: | 44.002 — Community Development Revolving Loan Fund Program for Credit Unions |
| Cost Sharing or Matching Requirement: | No |
| Version: | Synopsis 2 |
| Posted Date: | Apr 30, 2010 |
| Last Updated Date: | May 03, 2010 |
| Original Closing Date for Applications: | Dec 31, 2010 |
| Current Closing Date for Applications: | Dec 31, 2010 |
| Archive Date: | – |
| Estimated Total Program Funding: | – |
| Award Ceiling: | $3,000 |
| Award Floor: | $0 |
Eligibility
| Eligible Applicants: | Others (see text field entitled “Additional Information on Eligibility” for clarification) |
| Additional Information on Eligibility: | CREDIT UNIONS ONLY. Credit unions with a low-income designation may apply. This grant is NOT available to individuals, businesses, or not-for-profits. Only credit unions that have received a low-income designation from the NCUA or from the state supervisory authority, with NCUA concurrence, are eligible. |
Additional Information
| Agency Name: | National Credit Union Administration |
| Description: | The urgent needs initiative is provided to ensure the continued operations of a credit union with an immediate and pressing need to address for financial or operational issues. Urgent needs are those items or incidents that result in sudden unplanned or unexpected costs to the credit union which, if left unaddressed, will result in a disruption of existing services to members. |
| Link to Additional Information: | http://www.ncua.gov/Resources/CreditUnionDevelopment/Finance.aspx |
| Grantor Contact Information: | If you have difficulty accessing the full announcement electronically, please contact:
Adrienne Grierson
Grant Administrator Phone 703-518-6612 Email:oscuiapps.ncua.gov |
Version History
| Version | Modification Description | Updated Date |
|---|---|---|
| Modify email and website. | May 03, 2010 | |
| May 03, 2010 |
DISPLAYING: Synopsis 2
General Information
| Document Type: | Grants Notice |
| Funding Opportunity Number: | NCUA6051 |
| Funding Opportunity Title: | Urgent Needs Grants |
| Opportunity Category: | Discretionary |
| Opportunity Category Explanation: | – |
| Funding Instrument Type: | Grant |
| Category of Funding Activity: | Community Development |
| Category Explanation: | – |
| Expected Number of Awards: | – |
| Assistance Listings: | 44.002 — Community Development Revolving Loan Fund Program for Credit Unions |
| Cost Sharing or Matching Requirement: | No |
| Version: | Synopsis 2 |
| Posted Date: | Apr 30, 2010 |
| Last Updated Date: | May 03, 2010 |
| Original Closing Date for Applications: | Dec 31, 2010 |
| Current Closing Date for Applications: | Dec 31, 2010 |
| Archive Date: | – |
| Estimated Total Program Funding: | – |
| Award Ceiling: | $3,000 |
| Award Floor: | $0 |
Eligibility
| Eligible Applicants: | Others (see text field entitled “Additional Information on Eligibility” for clarification) |
| Additional Information on Eligibility: | CREDIT UNIONS ONLY. Credit unions with a low-income designation may apply. This grant is NOT available to individuals, businesses, or not-for-profits. Only credit unions that have received a low-income designation from the NCUA or from the state supervisory authority, with NCUA concurrence, are eligible. |
Additional Information
| Agency Name: | National Credit Union Administration |
| Description: | The urgent needs initiative is provided to ensure the continued operations of a credit union with an immediate and pressing need to address for financial or operational issues. Urgent needs are those items or incidents that result in sudden unplanned or unexpected costs to the credit union which, if left unaddressed, will result in a disruption of existing services to members. |
| Link to Additional Information: | http://www.ncua.gov/Resources/CreditUnionDevelopment/Finance.aspx |
| Grantor Contact Information: | If you have difficulty accessing the full announcement electronically, please contact:
Adrienne Grierson
Grant Administrator Phone 703-518-6612 Email:oscuiapps.ncua.gov |
DISPLAYING: Synopsis 1
General Information
| Document Type: | Grants Notice |
| Funding Opportunity Number: | NCUA6051 |
| Funding Opportunity Title: | Urgent Needs Grants |
| Opportunity Category: | Discretionary |
| Opportunity Category Explanation: | – |
| Funding Instrument Type: | Grant |
| Category of Funding Activity: | Community Development |
| Category Explanation: | – |
| Expected Number of Awards: | – |
| Assistance Listings: | 44.002 — Community Development Revolving Loan Fund Program for Credit Unions |
| Cost Sharing or Matching Requirement: | No |
| Version: | Synopsis 1 |
| Posted Date: | May 03, 2010 |
| Last Updated Date: | – |
| Original Closing Date for Applications: | – |
| Current Closing Date for Applications: | Dec 31, 2010 |
| Archive Date: | – |
| Estimated Total Program Funding: | – |
| Award Ceiling: | $3,000 |
| Award Floor: | $0 |
Eligibility
| Eligible Applicants: | Others (see text field entitled “Additional Information on Eligibility” for clarification) |
| Additional Information on Eligibility: | CREDIT UNIONS ONLY. Credit unions with a low-income designation may apply. This grant is NOT available to individuals, businesses, or not-for-profits. Only credit unions that have received a low-income designation from the NCUA or from the state supervisory authority, with NCUA concurrence, are eligible. |
Additional Information
| Agency Name: | National Credit Union Administration |
| Description: | The urgent needs initiative is provided to ensure the continued operations of a credit union with an immediate and pressing need to address for financial or operational issues.
Urgent needs are those items or incidents that result in sudden unplanned or unexpected costs to the credit union which, if left unaddressed, will result in a disruption of existing services to members. |
| Link to Additional Information: | Link to grant applications |
| Grantor Contact Information: | If you have difficulty accessing the full announcement electronically, please contact:
Adrienne Grierson
Grant Administrator Phone 703-518-6612 Email:oscuiapps.ncua.gov |
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