CUs to Receive Up to $10K from Cyber Grant; June 24 App. Deadline Coming

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The National Credit Union Administration (NCUA) wants to ensure that eligible low-income designated credit unions maximize cybersecurity and infrastructure grants from the 2022 Community Development Revolving Loan Fund (CDRLF).

The NCUA is awarding up to $10,000 in funding to any eligible credit unions. Moreover, small to medium asset-size credit unions ($25 million - $750 million approximately) can benefit greatly.

The application period is open until June 24, and details can be found here (see the Digital Services and Cybersecurity section).

Additionally, a webinar on the latest CDRLF and Community Development Financial Institutions Fund (CDFI) has been scheduled by the NCUA on June 2. To receive a registration link and instructions, email WebinarQuestions@ncua.gov.

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