Weyburn Credit Union Community Fund

Weyburn Credit Union is committed to building better, brighter, and stronger communities! One of the ways we help build a stronger community is through our Community Fund.  Typically, we allocate 1% of the Credit Union’s profits to the WCU Community Fund each year; this year, our Board has increased our allocation to 1.5%!  In 2021, we will be awarding over $57,000 more in Community Fund Grants!  Community groups and organizations can now apply for funding for projects and initiatives that have a positive impact within our local communities. 

2020 wasn't a typical year and our Board thought our allocation to our Community Fund shouldn't be typical either.  The need for funding for community groups hasn't decreased. In fact, the need for funding is higher than ever because the pandemic has limited how organizations can fundraise; that's the reason our Board has decided to increase our normal allocation.  More than ever, we are committed to building better, brighter, and stronger communities.

Look at us making our community better, brighter, and stronger! All thanks to you, our members! Aren't you proud to be a member? You're a part of something bigger here. We use our profits for your good - not our pockets. That's a key difference between a bank and a credit union.

Key Dates

We accept applications to our Community Fund for a six-week period once every year. Here are the key dates to keep in mind for 2021:

January:    
Allocation to the Fund is made
March 1:
     Applications Open
April 12:     Applications Close
June 15:     All applicants will be informed of the outcome of their applications
Late June:  Public Announcement of Fund Recipients. 

Apply Now!


Eligibility

  • Non-profit organizations, associations, societies, charities, cooperatives and social enterprises with missions and values consistent with ours here at Weyburn Credit Union can apply.
  • Organizations are eligible to apply for funds to support initiatives that will provide direct benefit to the communities served by WCU.
  • To be considered, projects must have a far-reaching, positive impact on the community and intend to be self-sustainable.
  • Requests of $2,500 and more, depending on the scope and scale of the project and the anticipated impact on the community and surrounding areas will be assessed by an evaluation committee comprised of WCU staff, management and directors.

Focus Areas

The focus of Weyburn Credit Union’s Community Fund will be on sponsorship opportunities that align with the Credit Union’s goals, priorities, and core values by contributing to our communities in a meaningful way.  In particular, the committee will give preference to applications that will have a positive impact on:
  • The well-being of Youth and/or Family (with a preference towards financial literacy)
  • Economic and Community Development
  • The Co-operative Principle of Concern for our Community
  • Our Environment

Ineligible Causes

Initiatives generally not  supported through the Community Fund are as follows:
  • Partisan political or religious organizations and affiliated activities
  • Groups that are not a registered charity or recognized as community not-for-profit
  • Groups that represent a conflict of interest for WCU or that promote specific programs or issues where members of the Credit Union and clients of its subsidiaries may have significantly divergent views
  • Requests from organizations that do not provide a direct benefit to the identified communities served by WCU
  • Individual pursuits or interests that are primarily for personal gain
  • Requests for funds to support operational costs or debt servicing (operational costs refer to fixed costs including but not limited to: rent, wages, and utilities)
  • Properties that depend solely on Weyburn Credit Union funding for their existence

Requests that fall outside of the parameters of the Weyburn Credit Union Community Fund should be made to the Vice President of Marketing.

We're here to help

If you have questions about our Community Fund or on the application process itself, we'd love to help:
  • Phone us at 306 842 6641,
  • Email us, or
  • Visit any one of our convenient branch locations.



Apply Now!
 

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