The Community Investment Fund (CIF) is a unique, socially responsible investment opportunity for credit unions to support the work of the New York Credit Union Foundation (NYCUF) and the National Credit Union Foundation (NCUF).
How does CIF work?
- Your credit union makes a deposit through Members United Corporate FCU.
- Dividends, up to 2%, are shared between the investing credit union and the NCUF.
- The NCUF splits up to 1% of its earnings with the NYCUF.
- Frequently asked questions
CIF Investor Recognition Levels
| 1. Chairman's Club | .25% of assets or $2 M |
| 2. Leadership Circle | .10-.24% of assets or $1-1.9 M |
| 3. Investors' Circle | Up to .09% of assets or up to $1 M |
Use our calculator tool to help determine the investment level that's right for your credit union.
Thank you to our New York investors
CIF is proof that there really is strength in numbers.
How are the CIF funds used by the New York Credit Union Foundation? The CIF is the New York Credit Union Foundation's primary source of revenue. The earnings are used to help to fulfill the Foundation's mission of serving credit unions, schools and community organizations that improve the financial literacy and independence of New Yorkers, and promote the credit union difference.
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Not-Yet A CIF Investor? Join the winners' circle. |
