| ...contact Josie Collins, Director of Resource Development & Donor Relations at 800.356.9655 x4397
CIF Brochure
View/Download the latest CIF Brochure.
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A very special thank you to our Million Dollar+ CIF Investors...
$10+ Million CIF Investors:
Allegacy FCU (NC)
Bellco CU (CO)
BECU (WA)
Coastal FCU (NC)
First Carolina Corporate CU (NC)
Members United Corporate FCU (IL)
Orange County Teachers FCU (CA)
Randolph Brooks FCU (TX)
Southwest Corporate FCU (TX)
State Employees' CU (NC)
Suncoast Schools FCU (FL)
WesCorp (CA)
$5-9 Million CIF Investors:
Alaska USA FCU (AK)
Bethpage FCU (NY)
Corporate One FCU (OH)
GTE FCU (FL)
Local Government FCU (NC)
Missouri Corporate CU (MO)
Mountain America CU (UT)
Southeast Corporate FCU (FL)
$1-4 Million CIF Investors:
Affinity Plus FCU (MN)
Alliant CU (IL)
Americu CU (NY)
Andrews CU (MD)
Arizona State CU (AZ)
Baxter CU (IL)
Carolina Trust FCU (SC)
CenCorp (MI)
CoastHills FCU (CA)
CPM FCU (SC)
Desert Schools FCU (AZ)
Fairwinds CU (FL)
Financial Center CU (CA)
First CU (AZ)
First Financial FCU (MD)
First Tech CU (OR)
Founders FCU (SC)
IH Mississippi Valley CU (IL)
iQ CU (WA)
Jeanne D'Arc CU (MA)
Jefferson Parish School Board ECU (LA)
Kansas Corporate CU (KS)
Kinecta FCU (CA)
MECU of Baltimore (MD)
Members CU (NC)
Motorola ECU (IL)
Municipal CU (NY)
Northeast CU (NH)
Northwest Corporate FCU (OR)
Northwest FCU (VA)
Orange County's CU (CA)
Peoples Trust FCU (TX)
Professional FCU (IN)
Purdue EFCU (IN)
Quorum FCU (NY)
St. Mary's Bank CU (NH)
San Mateo CU (CA)
Schools Financial CU (CA)
Security Service FCU (TX)
Service CU (NH)
Shell EFCU (TX)
SEFCU (NY)
Telesis Community CU (CA)
The Tennessee CU (TN)
Truliant FCU (NC)
U.S. Central (KS)
United Nations FCU (NY)
United Teletech FCU (NJ)
USA FCU (CA)
USA FCU (MI)
USAlliance FCU (NY)
Vantage CU (MO)
Visions FCU (NY)
Wescom Central CU (CA)
Wright Patt CU (OH)
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What is the Community Investment Fund? |
Community Investment Fund Supports National Initiatives |
|  The Community Investment Fund (CIF) is the National Credit Union Foundation's primary funding mechanism for national, state, and local programs benefiting credit unions and their members. A partnership of NCUF, the Corporate Credit Union Network, state credit union foundations and leagues, CIF is a unique, win/win/win investment opportunity.
Investors in CIF through their corporate credit union donate up to 2% of the dividend to the National Credit Union Foundation. NCUF dedicates up to 1% to national programs:
• REAL Solutions®, empowering credit unions to offer new services that are proving effective in serving consumers who are struggling to save or build assets;
• Biz Kid$, the first PBS-TV series devoted to youth financial education and underwritten by America's Credit Unions;
• Credit Union Development Education, promoting cooperative principles and credit union philosophy to make a positive impact in communities around the world;
• Social Impact Management, making the business case for social responsibility initiatives that meet a “triple bottom line” benefiting credit unions, their members, and their communities;
• Innovation Grants, encouraging credit union innovations through creative grant-making.
• CUAid.coop, supporting the national online fundraising platform for credit union employees and members so that all disaster relief donations go toward grants.
NCUF grants up to 1% of CIF returns to the state credit union foundation or league in the state where each investment originated. States can use these CIF grants to:
• Educate credit union employees and volunteers;
• Educate credit union members and potential members;
• Support new credit unions, small credit unions, or community development credit unions;
• Extend credit union services to their full fields of membership;
• Fund affordable housing projects;
• Enhance league projects with similar missions;
• Build a statewide credit union disaster relief reserve.
For this unique way of distributing charitable donations, the CIF has earned the Association of Fundraising Professionals’ Award for Excellence in Fundraising.
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International Development Fund Supports Initiatives Abroad
The National Credit Union Foundation (NCUF) and the World Council of Credit Unions, Inc. (WOCCU) have established the International Development Fund (IDF), a donor-designated fund through the Community Investment Fund (CIF). The IDF will directly support international credit union development through WOCCU.
The IDF is a unique investment option for those interested in supporting international credit union development. As with all CIF investments, interest generated by the IDF will be split between the investing credit union, NCUF and the credit union foundation or league in the state of investment origin; NCUF’s portion of the return will be directed into the IDF for use by World Council.
Funds raised by the IDF will help educate credit union employees and volunteers; conduct internship programs and exchange visits of international credit union leaders; build international credit union partnerships and provide public education initiatives related to consumer finance. Funding also will assist with IRnet (International Remittance Network) installations of member credit unions outside of the United States.
Credit unions wishing to participate in this donor-designated fund within the Community Investment Fund should contact their corporate credit union to direct an investment in the CIF. Credit unions should then contact Josie Collins at the NCUF to specify the investment is to be earmarked for international development. You may print the Commitment Form and fax to 608.231.4231 to ensure your investment is designated to the IDF initiative.
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Pete Crear Fund Helps AACUC Deliver on its Promise |
| The National Credit Union Foundation (NCUF) and the African-American Credit Union Coalition (AACUC) have established the Pete Crear Fund (PCF), a donor-designated fund through the Community Investment Fund (CIF). The PCF will directly support AACUC initiatives to expand and sustain credit union development programs such through financial education, minority internship programs and small credit union assistance.
As with all CIF investments, interest generated by the PCF will be split between the investing credit union, NCUF and the credit union foundation or league in the state of investment origin; NCUF’s portion of the return will be directed into the PCF for use by the African American Credit Union Coalition.
Credit unions wishing to participate in this donor-designated fund within the Community Investment Fund should contact their corporate credit union to direct an investment in the CIF. Credit unions should then contact Josie Collins at the NCUF to specify the investment is to be earmarked for the PCF. You may print the Commitment Form and fax to 608.231.4231 to ensure your investment is designated to the PCF initiative. |
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