CHELSEA, MA — April 2, 2024 — Metro Credit Union, the largest state-chartered credit union in Massachusetts, today announced that applications are now open for the next round of grant funding available through the Metro Credit Union Foundation. The Foundation awards grants twice a year to nonprofits whose initiatives and programs contribute to the economic and social well-being of local communities.
Applications are now open at Foundation.MetroCU.org. The deadline to apply is May 19, 2024, at midnight. Award recipients will be announced in June.
The Metro Foundation will award grants to organizations with a focus on:
- Community Development — creating vibrant and equitable neighborhoods.
- Securing Safe & Affordable Housing — providing opportunities for affordable housing and home ownership with down-payment assistance and homebuyer education programs.
- Financial Wellness & Advancement — promoting financial competency by providing knowledge and skills.
Guidelines for grant applications include the following:
- The Metro Foundation will accept applications from qualified, tax-exempt 501(c)(3) nonprofit organizations.
- The Foundation will fund programs that serve a majority of low- to moderate-income populations.
- Grant awards will be made directly to recipients.
- An application is required and must be submitted by the deadline.
- Organizations may receive one grant per calendar year and are not eligible to apply during the following calendar year.
Each year, Metro gives back to local communities through a number of philanthropic initiatives, partnerships, scholarships, and volunteer programs. Metro has been recognized for its charitable contributions with the Boston Business Journal Corporate Citizenship Award for the past four years. For more information about the Foundation and the application process, please contact Charlene Bauer at CBauer@MetroCU.org.
About Metro Credit Union
Metro Credit Union is the largest state-chartered credit union in Massachusetts, with $3.4 billion in assets. Metro provides a full range of financial products to close to 200,000 members in Barnstable, Bristol, Essex, Franklin, Hampden, Hampshire, Middlesex, Norfolk, Plymouth, Suffolk, and Worcester counties in Massachusetts, and Cheshire, Hillsborough, and Rockingham counties in New Hampshire. Metro is the credit union of choice for employees at over 1,200 companies through its Metro@work program.
Founded in 1926, Metro currently operates branch offices in Boston, Burlington, Chelsea, Dorchester, Framingham, Lawrence, Lynn, Medford, Melrose, Newton, Peabody, Reading, Salem, Tewksbury, and West Roxbury. Metro is also a Juntos Avanzamos (“Together We Advance”) designated credit union, an honor given to financial institutions for their commitment to serving and empowering Hispanic and immigrant consumers. Metro was recently named among the most charitable companies in Massachusetts by the Boston Business Journal. Learn more at MetroCU.org.
