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Important Program Announcements from the NCUA Office of Small Credit Union Initiatives
Following are upcoming events and program information compiled by the National Credit Union Administration's (NCUA's) Office of Small Credit Union Initiatives.
Assets for Independence (AFI): Offers a series of webinars to introduce and explain the AFI federal grant program. AFI provides funding for low income designated and community development credit unions, and other community-based organizations to provide Individual Development Accounts (IDAs) for qualified individuals in their area. The funds can be used for education, to purchase a home, or start a business.
- Registration is required online at http://idaresources.org/Calendar
- Dec. 15, 2 p.m. [ET]: AFI Program Overview and Grant Application Process
- Jan. 10, 2 p.m. [ET]: AFI Program Overview and Grant Application Process
- Jan. 19, 2 p.m. [ET]: AFI Question and Answers Conference Call for Prospective Grantees
- Feb. 14, 2 p.m. [ET]: Tips for Developing Resources and Partners for AFI Projects
- Feb. 28, 2 p.m. [ET]: AFI Program Overview and Grant Application Process
Bank On: Credit union leaders can learn more about the unbanked and underbanked populations in their communities with a free,
online data tool from Bank On. Through the Bank On website tool, users can: download estimates of the number of unbanked and underbanked households at city/town, county, metro area and state levels; download supplementary demographic data on at-risk populations in a specific community; map unbanked and underbanked households down to the neighborhood level; and print customized reports on the financially underserved in a specific community.
Community Development Financial Institutions (CDFI) Fund: The CDFI Fund promotes economic revitalization and community development through investment in and assistance to community development financial institutions (CDFIs). CDFIs provide a range of financial products and services in economically distressed target markets, such as mortgage financing for low-income and first-time homebuyers and not-for-profit developers, flexible underwriting and risk capital for needed community facilities, and technical assistance, commercial loans and investments to small start-up or expanding businesses in low-income areas.
CDFI Funding Deadlines
1/11/12: Funding Application
NACA Funding Deadlines
12/21/11: Certification Application; Material Event Form
1/18/12: Funding Application
Opportunity Finance Network – Starbucks Coffee: Thousands of participating Starbucks-operated stores across the country and
www.CreateJobsforUSA.org are now accepting donations to help create and sustain jobs. 100% of the donations will go to community development financial institutions (CDFIs) to finance underserved community businesses—small businesses, microenterprises, nonprofit organizations, commercial real estate developers, and affordable housing developers. All of these community businesses help to create and sustain local jobs.
Learn more.
U.S. Internal Revenue Service – Earned Income Tax Credit (EITC): The EITC is a refundable federal income tax credit for low to moderate income working individuals and families. When EITC exceeds the amount of taxes owed, it results in a tax refund to those who claim and qualify for the credit.
EITC Central is your source for ready-to-use
news releases,
letters to the editor, and
tweets. There are
local statistics,
fact sheets,
fast facts,
newsletter and
Web articles,
tips for running an EITC campaign, and other basic
marketing and communication materials.
For website and Face book pages,
you can download a
widget and
banner ads. There are even pre-recorded on-hold
messages, in English and Spanish, for their telephone system.
With
Marketing Express, you can create customized posters and print ads featuring the new EITC ad campaign with your name, address and message.
EITC Marketing Made Easy is a webinar you and your
affiliates can check out after mid-December on the
IRS video portal. Get a peek at the new EITC ad campaign and a quick “how-to” demonstration for using EITC Central and Marketing Express.
Note: Information posted herein was developed by organizations other than NCUA and VolCorp. Neither NCUA nor VolCorp endorse or guarantee the relevance, accuracy, completeness, or timeliness of information presented. Credit union officials must conduct appropriate due diligence before implementing a program.
Email Security Webinar Now Available!
In this webinar
Bart Hopper, VolCorp’s Information Security Analyst, answers such questions as:
- How does an e-mail get from point A to point B?
- Who could see the data along the way?
- How could someone steal the data if they really wanted to?
- Isn’t e-mail encrypted?
- What is protected data and what is not?
- What laws cover protected data?
Bart will also give recommendations concerning e-mail security.
This webinar requires
Flash Player to view.
Download Flash Player now
Temporary Corporate Credit Union Share Guarantee Program Extended to December 31, 2012
The National Credit Union Administration has extended the expiration date of NCUA’s Temporary Corporate Credit Union Share Guarantee Program (TCCUSGP) from September 30, 2012, to December 31, 2012. With this extension, new investments with maturities of two years or less in participating corporate credit unions made before December 31, 2010, will be fully covered by the guarantee program. This is in addition to the existing deposits already covered.
Supplemental Capital White Paper
NCUA announces the release of Supplemental Capital White Paper prepared by the Supplemental Capital Working Group
Supplemental Capital White Paper