The Community Investment Fund (CIF) is a social investment option that
benefits your credit union, the National Credit Union Foundation (NCUF),
and the Ohio Credit Union Foundation (OCUF). It's simple: Your credit
union invests in a designated CIF vehicle through Corporate One
Federal Credit Union.
You can choose from a 3-year or 5-year fixed-rate CD, a 90-day notice
account, or any number of available structured products. Dividends are
paid directly to your credit union, while up to 2% of the CIF
investment dividends are split evenly between the NCUF and the OCUF.
We urge your credit union to consider a CIF investment to help support
educational and outreach initiatives that promote financial
independence through credit unions.
Ohio is currently ranked 7th in the nation for CIF investments, with
41 of the state’s credit unions participating. In 2007, CIF
dividends contributed more than $145,000 to the Foundation, and
accounted for nearly 60% of its revenue. To make a CIF
investment, call Corporate One Federal Credit Union’s Member Services
Department at (866) 692-6771.
Click here for more information.
To learn more about the CIF, contact League
Outreach Manager Laura Busque at (800) 486-2917 or
lbusque@ohiocul.org.