Pandemic Response Donations
POSTED IN ARTICLES ON TUESDAY, APRIL 14, 2020
We're giving $125,000 to aid pandemic response efforts in our communities.
As a Veridian member, you're also an owner. It's important to know how your credit union is helping to meet urgent, local needs created by this pandemic. While working to waive fees, defer payments and find other ways to help impacted members, Veridian is announcing $125,000 in donations to aid pandemic response efforts in our communities.
"Veridian was founded during the Great Depression, and we have a long history of helping people through difficult times," said Monte Berg, Veridian's president and CEO. "Many of our community partners are experiencing unprecedented demand for their services. We have an opportunity and a duty to give more when it's needed most."
The donations will be distributed to partnering organizations who are meeting immediate, basic needs for the most vulnerable in our communities:
- Seven community food pantries across Iowa and eastern Nebraska will receive a total of $50,000, including Food Bank for the Heartland in Omaha, Food Bank of Iowa in Des Moines, Northeast Iowa Food Bank in Waterloo, Independence Area Food Pantry in Independence, Community Kitchen Cupboard in Oelwein, Hawkeye Area Community Action Program in Cedar Rapids and CommUnity Crisis Services and Food Bank in Iowa City. This will supply an estimated 200,000 meals across our field of membership.
- The Iowa Credit Union Foundation's Emergency Relief Fund will receive $50,000 to help fund one-time, $500 grants to eligible Iowa credit union members.
- The Iowa Small Business Relief Fund will receive $25,000 to help small businesses who were disrupted by the Coronavirus pandemic and not recipients of federal or state relief dollars.
Veridian's mission is to partner with our members to create successful financial futures, and that work is never more important than during times of uncertainty. Stay up-to-date on our operational Coronavirus response efforts.