Maryland and District of Columbia Credit Union Association Inc.
02/17/2026 | News release | Distributed by Public on 02/17/2026 08:30
NCUA Expands Newly Chartered and Urgent Needs Grants
The NCUA has announced the expansion of its Community Development Revolving Loan Fund (CDRLF) to more low-income-designated credit unions seeking eligibility for Newly Chartered and Urgent Needs grants. With these changes the maximum award amount will double from $7,500 to $15,000.
The agency says the grants help credit unions recover from natural disasters and other emergencies. Additionally, newly chartered credit unions in operation for less than 10 years with assets of $10 million or less can now apply for grants to cover operational costs.
Complete information, including eligibility requirements and how to apply, is available in the Newly Chartered and Urgent Needs Grant Guidelines.
The NCUA also announced on Friday that four funds, the Share Insurance
Fund, the Operating Fund, the Central Liquidity Facility, and the Community Development
Revolving Loan Fund, again earned unmodified, or "clean," audit opinions for 2025, according to audited financial statements released by the agency's Office of Inspector General.
The audited financial statements, including the independent auditors' reports, are available on NCUA.gov.
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