Established by our Board of Directors, it’s our way of supporting sustainable programs and projects that make a real difference. Each year, we’re proud to allocate a portion of our profits to this fund, creating opportunities for local groups to bring their ideas to life.

To be considered, projects need to have a wide-reaching, positive impact and be designed to stand on their own over time. Funding requests of $2,500 or more are reviewed by a passionate evaluation team made up of WCU staff, management, and directors.

1

Allocation

January

At the beginning of each year, and allocation is made by our Board of Directors to our Community Fund. Typically, it is 1% of our profits.

In January 2025, our Board allocated $68,448.66 to our Community Fund!

2

Applications

Opens: March 1, 2025

Deadline: April 11, 2025

To apply, follow these simple steps:

Download and save the PDF application to your computer.
Complete the form and save your changes.
Submit your application by:

- Email: Send to marketing@weyburncu.ca

- Mail: Send to your local branch

- In Person: Drop it off at your nearest branch

We look forward to seeing your amazing projects!

Apply now

3

Adjudication

Late May

Each application is carefully evaluated by a committee made up of our Board, staff, and management. The committee scores submissions based on their community and business impact, then provides a recommendation to the Board for final approval on how the Fund will be distributed.

4

Announcements

Late June/Early July

All applicants will be notified about their application in early June. We announce the grant recipients at our Community BBQ, where representatives from the selected organizations are invited to join us and celebrate their incredible contributions to our community.

5

Funding

Preferably within the calendar year

Once the project is completed, community organizations can submit their paid invoices to receive reimbursement through the grant provided by WCU.

Eligibility
Focus Areas

To be considered, applicants and applications should meet these requirements:

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.

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

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.

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