Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Iowa foundation receives 342000 grant for IDA program
DES MOINES, Iowa (4/18/08)--Sen. Chuck Grassley (R-Iowa) announced that the state Department of Health and Human Services awarded the Iowa Credit Union Foundation $342,080 to help fund the Credit Union Family Partnership Individual Development Account (IDA) program. The IDA program will provide lower-income Iowans an incentive to develop savings habits as they pursue homeownership, higher education, or the start-up or expansion of a small business. The goal is to help low-income families because economically self-sufficient. “We are thrilled to have received this federal grant that will help us launch the first credit union supported IDA program in the state,” said Marybeth Foster, foundation executive director. “Our program will provide members with an opportunity to acquire long-term financial stability.” Twelve credit unions were chosen by the foundation’s IDA committee in March to pilot the program, which launches this summer (See News Now April 17 for a list). “We anticipate more Iowa credit unions will participate in the future,” Foster said. “This is a flagship program of the foundation and we look forward to growing this initiative.”


RSS





print
News Now LiveWire
Matz: Revised @TheNCUA #RBC rule for #creditunions 2 B unveiled 1/15/15, 90-day comment period to follow #newsnow http://t.co/qABhvghSTU
1 Day ago
Just announced: @TheNCUA board will consider a revised risk-based capital rule at its Jan 15 mtg. See #NewsNow Monday for more info.
1 Day ago
Nearing one-yr anniversary of data breach, @Target asks for class action suits to be dismissed via @BloombergNews http://t.co/kra6kupd35
1 Day ago
.@PeoplesTrustFCU has been recognized with the Juntos Avanzamos designation by @Cornerstone_CUL for its service to the Hispanic community
1 Day ago
#NewsNow: Rep. Hensarling names #HFSC subcommittee chairs. http://t.co/dXAMZdpn1p
1 Day ago