We Impact Iowans

The Iowa Credit Union Foundation (ICUF) invests in initiatives and programs that support our mission of empowering people and communities to achieve financial well-being by championing the credit union philosophy of 'people helping people'.

ICUF's Impact: By the Numbers

Collegiate Scholarships

100,000

$

Asset Building Programs

2,000,000

$

Disaster Relief Grants For Iowans

600,000

$

State-Wide Financial Education Initiatives

180,000

$

Credit Union & Employee Grants & Scholarships

180,000

$

*Funds allocated from ICUF's inception to present.

Investing in Credit Union Member Support

Disaster Grants

Click here to donate to disaster relief.

ICUF is able to support Iowa credit union members who have been displaced from their homes for an extended period of time due to disasters such as tornadoes, flooding or fire. ICUF is able to provide assistance based on availability.

Disaster grants are awarded to credit union members, and applications can be obtained by contacting us at info@iowacreditunionfoundation.org or calling us at 800.860.6080.

 

Warren A. Morrow Memorial Scholarship

Each year, ICUF offers Warren A. Morrow Memorial Scholarships to credit union members pursuing or completing post-secondary education. The scholarship is funded by donations received by the Iowa Credit Union Foundation.

The application period for 2021 closed on February 5. Check back in late 2021 for 2022 application information.

Collaborating to Support Credit Unions
 

Community Impact Roundtables

These ICUF facilitated events provide an opportunity for Iowa credit union representatives

to gather and collaborate on the

philanthropic work of their credit unions.

Lending School Scholarships

ICUF offers annual scholarships for credit union employees to attend Lending School, offered by the Iowa Credit Union League. 

The two-day training provides credit union employees who have daily interaction in the loan approval process the knowledge to improve their department's overall lending and sales results.

'People Helping People' Financial Coach Training Program

Launched in 2019 in collaboration with Adam Carroll, this event is aimed at arming credit union employees with the tools and knowledge to help support credit union members in financial distress. ICUF supports attendees by subsidizing a portion of the registration costs to attend, along with offering scholarships.

Small Credit Union Grants

ICUF facilitates the small credit union grant, made possible by funding from Veridian Credit Union.

Small credit unions are able to apply for grant assistance for new technology, strategic planning, consulting services or registration and travel expenses to attend the annual Iowa Credit Union League Legislative and Regulatory Conference. 

The application deadline for 2020 grants has passed. The next application period will begin in fall of 2021. 

Advocating for Financial Well-Being

Capitol Hill Advocacy

ICUF supports mission-aligned legislative priorities at the State Capitol.

Current legislative priorities include: the Childcare Cliff Effect, Prize-Linked Savings programs and small dollar loan programs.

 

2019 Caregivers Association Wage Study Sponsor

Iowa is one of the fastest aging states in the nation. The need for home care workers will continue to rise in the next decade, however, Iowa does not currently have enough trained workers to meet this growing demand. According to the United Ways of Iowa 2018 ALICE Report, caregivers' wages were among the lowest in the state. With ICUF's mission led focus on financial well-being, we are proud to sponsor the 2019 Iowa Caregivers Association Wage Study.

ICUF teamed up with United Ways of Iowa and Alliant Energy to fund the 2018 ALICE Report. This report is a valuable tool in gaining perspective on the growing financial struggles of Iowa's families. ALICE is an acronym that stands for Asset Limited, Income Constrained, Employed. These are working families who have income above the Federal Poverty Level (FPL), but cannot make ends meet each month.

 

The 2018 report provides a deep county-by-county analysis of ALICE families across Iowa during calendar years 2014-2016. Click here to learn more and download the full report.

2018 ALICE Report

Though we advocate for financial education and well-being every day, annually we support Money Smart Month in April! 

Money Smart Month is a month dedicated to learning about how to make wise money decisions - and it's never too early to start. 

Consider sitting down with children to discuss good money habits. Tie these unique ICUF coloring pages into your conversations!

Money Smart Month

7745 Office Plaza Drive North, Suite 170, West Des Moines, IA 50266  |  800.860.6180  |  info@iowacreditunionfoundation.org

Privacy Policy  |  Terms of Use  |  501(c)(3)

© 2019 Iowa Credit Union Foundation