10 likes | 151 Views
CIF Flow Chart. Credit unions invest in one of three CIF accounts at their corporate credit union. Corporates invest in corresponding CIF accounts at US Central. A portion of the CIF dividend is returned to the investor and a portion goes to NCUF. NCUF
E N D
CIF Flow Chart Credit unions invest in one of three CIF accounts at their corporate credit union Corporates invest in corresponding CIF accounts at US Central A portion of the CIF dividend is returned to the investor and a portion goes to NCUF NCUF General Fund projects and Callahan Fund projects Credit union members ultimately benefit through development initiatives funded by CIF Half of NCUF’s portion is applied to NCUF projects and half is given as a grant to the league or foundation in the state of investment origin. State and local development projects