Share a Slice of the Pie
CIF is an Easy Way to Make a Big Difference
The Community Investment Fund (CIF) option allows credit unions the ability to share a percentage of their investment's interest earned as a donation to CIF – a donation that helps both our national and state foundations. By investing in CIF and sharing a slice of the pie, you help to expand the capacity of credit unions to serve members and communities, while earning a return for your credit union.
How it Works
Credit unions investing in the CIF receive 50 percent of the dividend of their investment. The remaining 50 percent is distributed to the Foundation, half of which the Foundation returns, pro-rata, to the leagues or foundations of investment origin.
Investing is as easy as 1-2-3:
- Determine how much your credit union wants to contribute to the programs of the state and national foundations via the interest on the investment you wish to contribute – the “slice of the pie.”
- Choose one of the options below and complete any necessary paperwork - either the CIF Securities Option, CDA or a CD.
- Sit back and take pride in the fact that your credit union is continuing the credit union philosophy of “people helping people ” by supporting the critical and essential programs sponsored by the state and national credit union foundations.
CIF Securities Option
This CIF option allows CUs the ability to invest in either government-issued securities or negotiable CDs, while sharing a percentage of the interest earned as a donation to CIF. Securities and CDs will be purchased through corporate credit unions and will be held at Alaska USA Trust Company. Contact your corporate to see if they are participating.
Charitable Donation Account (CDA)
The CDA is a hybrid investment available through MEMBERS Trust Company which grants a federal credit union expanded investment powers to fund charitable contributions.
For more information on the CDA, click the following:
CDs or 90 Day Accounts - Partnership Programs for New Investments
Click on each partner to learn more and to invest: