January 10, 2013

(Albany, NY) – The New York Credit Union Foundation, the charitable arm of the Credit Union Association of New York, awarded $45,953 in grants to New York credit unions and credit unionists during 2012. The grants were awarded in three categories: Smart Money, Financial Fitness and Professional Development.

Smart Money grants help credit unions provide financial education to their members and/or consumers. A total of $3,750 was awarded to the following three credit unions:

  • ServU FCU;
  • Westar FCU; and
  • Cooperative Federal CU (Syracuse)

The following nine credit unions received a total of $12,111 in Financial Fitness grants to enhance operations and improve service to their members:

  • Greece FCU;
  • GRS FCU;
  • MPO FCU;
  • UHS FCU;
  • Mount St. Mary's Hospital FCU;
  • Erie County Employees FCU;
  • SUNY Geneseo FCU;
  • NYU FCU; and
  • St. John's Buffalo FCU

Fifty-seven Professional Development Grants, totaling $30,092, were awarded to credit unionists from 30 different credit unions to help fund their participation in industry training sessions and education events.

"Through the Foundation, we are committed to continually support New York's credit unions, their programs and the staff as they make a difference in the lives of their members and their communities," said Allison Barna, director of the Foundation.