Shapiro GRANTS

Submit your grant applications

To submit your grant applications, print, then email Grant Application (contact info on application).

  • Advocacy Expense Grant
    Shapiro Group offers up to $2,000 to help Shapiro credit unions offset credit union advocacy expenses. 
  • Technology Grant
    Shapiro Technology Grant is available to assist Shapiro credit unions purchase up-to-date computers, upgrade existing systems, buy software and to get connected to the Internet. Maximum allowable benefit is up to $6,000, every other year.
    Note: This grant is only available every other year. CUs that received a 2023 grant, are not eligible in 2024.
  • Education Grant
    Shapiro Education grant offers up to $2,000 to help Shapiro credit unions offset educational expenses. This grant may also be used to purchase a Power Learner Passport (PLP) annual subscription to online eTrain webinars provided by the Leagues.
  • Marketing/Public Awareness Grant
    Shapiro Marketing grant offers up to $2,500 to Shapiro credit unions to help offset costs associated with marketing and public awareness.
  • Planning Grant /ALM Grant
    Shapiro Planning/ALM grant offers up to $2,500 to help Shapiro credit unions with strategic and/or scenario planning sessions and to help purchase Asset Liability Management software tools.
  • General Purpose Grant
    The Shapiro Group offers up to $1,500 for products/services and miscellaneous credit union needs excluding ongoing expenses that do not fit in other grant categories.

Guidelines:
These guidelines are subject to modification at any time and are contingent upon the availability of funds. Approved grant funds are available for 3 months, and funds will be distributed after submission of receipts/proof of purchase.

  • The maximum annual, individual, credit union grant funding is limited to $6,000.
  • Deadline to submit grants is on or before September 1. All grant requests after September 1 will be considered for the following year. General Purpose and Education grants will be accepted on or before November 1.
  • Grants may not be used for League membership dues, staff compensation, or staff benefits. Grants are intended to assist the credit union.
  • Credit unions must fall within the ratios noted below. Credit unions outside of these ratios will still be considered subject to further review by the grant committee, and additional documentation will be requested. Credit union financials will also be pulled directly from NCUA and ASI.
    CREDIT UNION ASSET SIZENET WORTH RATIOOPERATING EXPENSE /
    GROSS INCOME RATIO
    Under $10 Million in Assets6.5% to 21%95%
    $11 to $24 Million in Assets6.5% to 19%95%
    More than $25 Million in Assets6.5% to 14%85%
  • By submitting this grant application, you agree to make a cash donation of 10% of the grant amount funded to the Shapiro Group within 12 months and agree to provide a statement of benefit upon request.
  • By submitting this grant application, you agree you are a member of the League and are not at risk of, nor seeking a merger within the next 18 months.

Deanne Figueras

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Manager, Small Credit Union Support

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