HIGHTSTOWN, N.J. (4/2/14)--As Microsoft prepares to dismantle technical assistance services for Windows XP users, businesses throughout the country may be scrambling to upgrade to a more current operating system.
To help smaller credit unions grapple with the change, the New Jersey Credit Union Foundation has developed a XP Sunset Grant Program that will help New Jersey credit unions under $25 million in assets update their equipment, and it recently announced it will start accepting applications to that program (The Daily Exchange April 1).
Without the funding, credit unions may not be able to re-equip their systems to host the newer Windows 7 or Windows 8, which could keep the institutions from serving their members.
All grant applications will be reviewed and available dollars will be distributed evenly to all eligible credit union applicants.
Applications are due April 30.
To offer as many grants as possible to New Jersey credit unions, the foundation also is asking for either financial support or donated equipment from credit unions.