The Carolinas Credit Union Foundation helps enrich the lives of those in the Carolinas by supporting the ability of credit unions to make a greater impact in their communities. Through Professional Development Grants offered in partnership with the Carolinas Foundation, credit union staff and volunteers are able to grow their knowledge to better serve their members. Credit unions with $50 million or less in assets are eligible for Professional Development Grants to cover training expenses under several resources.
Hamilton Professional Development Grant Fund (managed by the Carolinas Foundation):
Thanks to the financial support of Summit Credit Union and the Elizabeth N. and James V. Hamilton Fund, credit unions with $50 million or less in assets are eligible for grants to cover top-tier training and education expenses. Elizabeth “Sis” Hamilton served as the manager and CEO of Summit Credit Union for 60 years and served on the board of directors for 70 years, making her the longest serving credit union volunteer in U.S. history. During that time, she managed as many as five other credit unions while also managing Summit Credit Union. Sis was a pioneer in our industry and valued the important role of small credit unions in our communities. In honor of her legacy and that of her late husband, Summit Credit Union has allocated $100,000 to the Carolinas Credit Union Foundation to underwrite its Professional Development Grant Program to preserve the important role of small credit unions in the Carolinas. In 2019, $20,000 was awarded to 21 small credit unions for training expenses. Read more here.
Instructions for Submission
The 2021 grant cycle for the Hamilton Fund will run from early November through mid-December 2020. Small credit unions interested in applying should review this year’s instructions and email the grant request to Lauren Whaley by December 18, 2020. Grants are available for most conferences in the Carolinas as well as regional and national opportunities and strategic planning services. Grants will include the professional development fees but travel and accommodation expenses will be the responsibility of the credit union. A maximum of $1,250 per credit union per calendar year may be awarded.