Federally insured credit unions with both the minority depository institution (MDI) and low-income designations are eligible to apply for NCUA's MDI mentoring grants now through Oct. 29.

This grant round will provide approximately $100,000 to low-income credit unions with the MDI designation to support mentoring relationships that allow larger, experienced credit unions the opportunity to provide guidance to other MDIs.

For more information on the mentoring grant round, including eligibility and administrative requirements, visit the Grants page of NCUA’s website. Credit unions must use the NCUA’s CyberGrants portal to submit their applications. Credit unions with questions about these grants may contact the NCUA’s Office of Credit Union Resources and Expansion at CUREAPPS@ncua.gov.