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Iowa Credit Union Foundation Awards $22,500 in Financial Education Grants — 

December 1, 2010

Contact:
Emily Caropreso, Director of Public Affairs & Marketing
515.221.3015
emilyc@iowacreditunions.com

FOR IMMEDIATE RELEASE

Iowa Credit Union Foundation Awards $22,500 in Financial Education Grants
Grants aimed at helping educate credit union members on the importance of financial literacy

Des Moines — The Iowa Credit Union Foundation (ICUF) awarded $22,500 to nine credit unions to further advance their financial education efforts. The recipients were chosen based on their financial education plans to reach a specific target market or the strategic direction set by that credit union’s board of directors. Each credit union will receive a $2,500 financial education grant. The Iowa credit unions selected to receive this grant include:

• Alliant Credit Union, Dubuque
• Ascentra Credit Union, Bettendorf
• Community 1st Credit Union, Ottumwa
• Financial Plus Credit Union, West Des Moines
• Greater Iowa Credit Union, Ames
• Midwest Utilities Credit Union, Waterloo
• Town and Country Credit Union, Harlan
• Veridian Credit Union, Waterloo
• Village Credit Union, Des Moines

“During these tough economic times, it is more important than ever that we equip our credit union members with the information they need to make sound financial decisions,” said Marybeth Foster, Executive Director, Iowa Credit Union Foundation. “This grant is designed to help credit unions develop a financial education program or enhance an existing financial education program.”

Winners were selected by the ICUF Grant and Scholarship Committee. Funds for the project came through a grant from the Northwest Area Foundation.

About Iowa Credit Union Foundation
Founded in 1995 as the philanthropic arm of the Iowa Credit Union League, the Iowa Credit Union Foundation's primary focus is to eliminate poverty in the state of Iowa. ICUF seeks to carry out its mission to help Iowans build wealth, responsibility and independence through its various programs, grants and scholarships. For more information, visit IowaCreditUnionFoundation.org.

About Northwest Area Foundation
The Northwest Area Foundation is dedicated tosupporting efforts by the people, organizations and communities in Minnesota, Iowa, North Dakota, South Dakota, Montana, Idaho, Oregon and Washington to reduce poverty and achieve sustainable prosperity. These states were served by the Great Northern Railway, founded by James J. Hill. In 1934, Hill’s son Louis W. Hill established the Foundation.

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