Des Moines Register (IDA)
March 17, 2010
The Northwest Area Foundation has awarded the Iowa Credit Union Foundation a $165,000 grant to expand its Credit Union Family Partnership Individual Development Accounts program.
The credit union will use this award to increase the number of Iowa credit unions offering financial education and savings accounts to low-income families. "This set of grants is designed to support vital asset-building work in urban and rural places, and to leverage support from other sources," said Kevin Walker, president and chief executive of the Northwest Area Foundation. The foundation, based in St. Paul, Minn., serves eight states and supports the efforts of people and organizations working to alleviate poverty and achieve prosperity in their communities.