Across Alabama, as local banks disappear, folks are left without vital financial services. But it's more than just losing a place to cash a check. Communities lose local investment, those financial role models in schools, and crucial safeguards for our vulnerable neighbors. Thankfully, Alabama's credit unions are riding to the rescue! Driven by their "People Helping People" mission, they're not just offering services; they're investing in the lives of those they live and work alongside. With a boost from the Credit Union Impact Foundation (a nonprofit dedicated to strengthening credit unions and the communities they serve), credit unions are expanding their role as financial partners, educators, and problem-solvers right where they're needed most. Just this year, Alabama credit unions grabbed over $82,000 in Foundation grant money! This is going towards everything from financial education programs to infrastructure upgrades, cybersecurity improvements, and even supporting credit union staff. It's all part of a bigger picture: meeting Alabamians where they are and creating real, lasting change. Financial literacy is still a big hurdle in Alabama. But credit unions are using Foundation funds to tackle this head-on with awesome, community-focused initiatives! Think "Financial Literacy Lunch and Learns"—easy-to-digest workshops that build confidence in budgeting, debt management, and saving. Credit unions like Alabama ONE and Redstone Federal Credit Union are opening these up to everyone, from realtors to farmers! And what about the younger generation? The League of Credit Unions & Affiliates is bringing the "Bite of Reality" program to Alabama credit unions! This super-cool, app-based simulation gives teens a real taste of budgeting and making tough financial choices. This year alone, almost 2,000 students participated, reporting a 15% jump in financial confidence and better money habits! For seniors, one Alabama credit union got seriously creative! They put on a dinner theater event, blending real-life scam stories with advice from financial pros and law enforcement. Now, they're planning to take the show on the road to senior centers and churches. Talk about connecting with the community! Credit unions aren't just focusing on the outside; they're also strengthening themselves from within. Many used Foundation funds to boost their internal systems and plan for the future. These grants have supported vital improvements, like: With cyberattacks on the rise, these investments are crucial for protecting member data and maintaining trust. Some credit unions have even hired grant writers to snag more funding or invested in community-based activities to build stronger local connections, especially in underserved areas. This all helps credit unions keep serving their communities effectively, even when times are tough. And let's not forget the people! This year, Foundation grants helped 19 Alabama credit union employees become certified financial counselors. That's more personalized support for budgeting, credit repair, and long-term planning! The Credit Union Impact Foundation is all about helping credit unions do what they do best: serve their members and build up their communities. And that mission is alive and well in Alabama! Foundation support is fueling financial education for everyone, improving credit union operations, training staff, and reaching new members with accessible services. To keep this awesome work going, credit unions need our continued support. Because when we back the Foundation, we're not just funding programs; we're helping build stronger credit unions and a brighter financial future for everyone in Alabama!Alabama Credit Unions: Stepping Up When Banks Step Out!
The Credit Union Impact Foundation: Fueling the Good Work
What's Been Happening? A Sneak Peek!
Boosting Financial Smarts and Community Knowledge
Building a Strong Foundation
Investing in the Future
