Credit Union Foundation - Lloyds Banking Groupís Credit Union Development Fund
Funds are available to strengthen the financial position of credit unions and give them the capacity to develop new strategies for sustained and effective growth.
Two kinds of grants are available:
Large awards (of between £50,000 and £100,000) will provide a contribution to a credit union’s reserves and help remove barriers to growth and innovation;
Seed funding awards (of between £10,000 and £20,000) will help credit unions to make the changes they need to apply for a large award in a subsequent year or to pay for the costs of merger or investment in digital improvements.