DES MOINES, Iowa (3/27/12)--The Iowa Credit Union Foundation announced it received a $20,000 contribution from Affiliates Management Co. (AMC), the holding company of the Iowa Credit Union League, in honor of Warren Morrow, the late CEO and founder of Coopera. Coopera is part of AMC's family of operating companies.
"Warren had a tremendous impact on all of us and the credit union industry," said Patrick S. Jury, CEO, AMC and Iowa Credit Union League. "Beyond Coopera, the company he founded and led, one of the most significant legacies he left us is undoubtedly in the Iowa Credit Union Foundation (ICUF)."
Morrow was instrumental in ICUF's ability to obtain a $428,323 grant that provided matching funds to launch Iowa's first Credit Union Individual Development Account program and created ICUF's first executive director position five years ago, said Jury. In addition, Warren's wife Christina Fernandez-Morrow serves as an ICUF board member.
"The foundation would not be where it is today without Warren's talents and vision," said Marybeth Foster, ICUF executive director. "Warren dedicated his life to helping the underserved, and this very generous gift from ICUL and AMC will be used to keep his spirit alive through the foundation and our efforts to improve the financial lives of Iowans in need. The gift is an overwhelming and fitting tribute to Warren. We are all better people for having worked with and known him."
A native of Mexico, Morrow dedicated his life to helping the underserved Hispanic community achieve financial stability in Iowa and throughout the U.S. In 1999, he and his Grinnell College classmates founded the Latino Leadership Project to help Latino high school students in Des Moines strive and reach higher education.
Later, he transitioned the organization to Partners in Economic Progress. After co-founding Diverse Innovative Solutions, he started Coopera with the Iowa Credit Union League in 2006 to help credit unions grow their Hispanic market presence and create more banked families within Latino communities nationwide. Morrow passed away unexpectedly Feb 15. He is survived by his wife and 7-year-old daughter Ariana.
"Warren touched many lives and believed deeply in helping Hispanics receive dignified financial services," said Murray Williams, Coopera's interim CEO. "It was through his passion that Coopera was started, and his drive made Coopera the well-respected, successful entity it is today. The Coopera team is committed to carrying Warren's vision for the company forward and will continue to provide service to the credit union movement in his honor."
The Credit Union National Association has an exclusive, national partnership with Des Moines, Iowa-based Coopera to help credit unions reach out to Hispanics.