We are a private, national foundation that works to expand opportunities in America’s cities through grantmaking and social investing in arts and culture, education, environment, health, human services and community development in Detroit.
National Federation of Community Development Credit Unions
New York, New York
The Federation is a dynamic, growth-oriented association of credit unions that provide safe and responsible financial services to underserved communities. The grant will support the Kresge Community Finance program-related investment (PRI) to the Federation. The Federation will use the PRI to make secondary capital investments into city-focused Community Development Credit Unions that use the Federation’s newly-developed core operating platform, CU Impact. CU Impact is a bank operating system intended to address a key challenge facing credit unions and Human Service organizations looking to partner.