The Inclusiv Racial Equity Grant and Investment Funds were established to advance racial equity and build a more inclusive economy through credit unions led by and serving communities of color.
Minority Depository Institutions (MDIs) at the forefront of the struggle for racial equity in access to affordable financial services and credit. These credit unions are led by and serving Black American, Hispanic American, Asian American, and Native American communities. Inclusiv works closely with partners like the African-American Credit Union Coalition (AACUC), National Association of Latino Credit Unions & Professionals (NLCUP) to support these institutions holistically.
In 2020, Inclusiv established the Racial Equity Grant and Investment Funds to support credit unions serving communities of color in responding to the COVID pandemic and advancing an equitable recovery.
This special funding round serves to provide capacity building resources to support MDI CUs advancing racial equity and financial inclusion in accessing additional capital to advance opportunities for growth and wealth building in communities of color.