NCUA Grants $80,000 To Fund Summer Internships

ALEXANDRIA, Va. – NCUA announced $80,000 in grants to fund summer internships at 22 low-income credit unions.

The program provides eligible low-income designated credit unions with up to $4,000 in funding for hiring student interns. The students hired will participate in a variety of tasks, including implementing marketing plans, ensuring compliance and assisting with the credit union’s operations.

NCUA said it received more than 40 applications for more than $150,000 in funding requests on May 1 alone, the day the application period opened.