May 7, 2021

Nova UA Federal Credit Union awards $50,000 in grants


Tom Hawrlyko

Val Boggattchouk (second from left), CEO of Nova UA FCU, presents a check for $50,000 to members of eight local non-profits located in Clifton, N.J., on April 15.

CLIFTON, N.J. – Nova UA Federal Credit Union, located on Allwood Road in Clifton, N.J., continues its mission to help “communities succeed and grow” as it disbursed $50,000 in grants to eight local non-profits on April 15.

Recognizing the negative economic impact COVID-19 had in its service area, Nova requested and received a third grant from Federal Home Loan Bank of N.Y. which it dispersed to eight additional non-profits in the region.

The $50,000 grant is on top of two previous grants of $100,000 shared by food banks, youth and veteran’s organizations, as well as churches, schools and cultural centers. The Nova grants have helped 32 organizations restore operating funds lost during the pandemic.

“We are much more than just a credit union that offers competitive financial services and great member support,” Val Bogattchouk, Nova’s CEO, said. “We also take initiative to help our communities succeed and grow. Our focus is on taking care of our members and the community we serve. We are happy to help.”
Readers can learn more about Nova by visiting their website at