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Small Credit Union Technology Assistance Grant

Minnesota Credit Union Foundation

Funding Amount

Up to $10,000 or 50% of total project cost, whichever is less

Deadline

Deadline not published

Grant Type

Foundation

Deadline history & next window

Cycle
Rolling — applications accepted year-round
Tracked since
April 2026

From the program guidelines: “Application Process: There is no application deadline; requests are accepted throughout the year (rolling basis).”

Can we apply?

Check your organization against each line. Taken from the listing; confirm with the funder's guidelines.

Other requirements

  • Minnesota Credit Union Network members with assets of less than $100 million
  • Stated goal of funded project must address a primary challenge of the credit union
  • Credit unions may apply for one Small Credit Union Technology Assistance grant per year

Overview

The intention of this grant program is to provide funding to help small credit unions best serve their members and to help the credit union thrive and grow. The focus of these grants is technology needs, not capital equipment or operations.

Geographic Scope: Minnesota

Eligibility:

  • Minnesota Credit Union Network members with assets of less than $100 million
  • Stated goal of funded project must address a primary challenge of the credit union
  • Credit unions may apply for one Small Credit Union Technology Assistance grant per year

What They Fund:

  • Technology needs: hardware and software, apps, upgrades, replace and repair critical equipment/platforms
  • Member access services: mobile banking, texting, etc.
  • Online services: new/upgraded website, new or enhanced features to reduce fraud

What They Don't Fund:

  • Capital projects
  • Operating expenses
  • Staff time
  • Dues and regulatory fees

Application Process: There is no application deadline; requests are accepted throughout the year (rolling basis).

Reporting Requirements:

  • Grantees must submit a Final Progress Report at end of project (supplied by Foundation)
  • Success measurements based on stated project goals and outcomes
  • Must submit copy of paid invoice(s) relating to project with Final Progress Report
  • Grant amount reimbursed following receipt of report

How to Apply

Application Process

Required Information:

  1. Applicant name (first, last)
  2. Title
  3. Email address
  4. Asset size
  5. Number of members
  6. Number of employees
  7. Dollar amount of grant request (maximum $10,000 or 50% of total project cost, whichever is less)
  8. Short summary of the project
  9. Goals and objectives of the project - what you hope to achieve (must address a primary challenge of the credit union)
  10. How program will benefit/impact members and how you plan to sustain project in future
  11. Project timeline including start and completion dates and/or assessment dates
  12. Project budget with uploaded bids/invoices (max file size 20MB)
  13. Credit union support confirmation - either applicant is CEO or has CEO's approval to apply

Submission: Online form submission required

What Minnesota Credit Union Foundation actually gave

Source: IRS Form 990, 2024

Grants in 2024
3
Total given
$921K
Median grant
$128K
Range
$5,300–$788K
  • By dollars: Minnesota 86%, Utah 14%. Top recipient cities: Minneapolis, MN; Salt Lake City, UT; Robbinsdale, MN.

Example grants

  • Arise Community Credit Union · Minneapolis, MN

    Financial assistance

    $788K

  • Children's Miracle Network · Salt Lake City, UT

    Provide care to kids

    $128K

  • North Memorial Federal Cu · Robbinsdale, MN

    Education

    $5,300

IRS Form 990, 2024. Amounts as reported by the funder. Full 990 history →

Focus Areas & Funding Uses

Fields of Work

  • Small businesses
  • Technology

Categories

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