Unitus Community Credit Union Awards Community Impact Grant to Economic Development Nonprofit
Posted by Alyse Knudsen on November 20, 2024
Unitus Community Credit Union, in partnership with Federal Home Loan Bank of Des Moines (FHLB Des Moines), announced Business Impact Northwest will receive a $100,000 grant from Unitus and the FHLB Des Moines Member Impact Fund. This matching grant program provides $3 for every $1 of Unitus’ grant donation to make a larger impact in the economic development efforts of Business Impact Northwest.
Unitus provided Business Impact Northwest with a $25,000 Community Impact Grant to support the organization’s mission of providing coaching, classes, and access to capital to community small businesses. The organization supports traditionally underserved populations, including those who have historically faced barriers in the financial and business sectors. The FHLB Des Moines Member Impact Fund contribution brought the total grant award to $100,000.
“Empowering small business owners and expanding economic development are the foundation to building strong communities,” explained Aimee Berg, Community Development Manager at Unitus. “Business Impact Northwest’s dedication to helping underserved entrepreneurs grow their businesses creates equitable opportunities and access to capital that wouldn’t exist otherwise.”
“We are deeply grateful to Unitus and FHLB Des Moines for this extraordinary support, which allows us to amplify our impact across our community,” expressed Joe Sky-Tucker, President and CEO of Business Impact Northwest. “Together, we are building a stronger, more equitable future for all.”
“The Member Impact Fund is significantly changing the game; investing in causes that improve lives and make our communities stronger,” remarked Steven Stapp, President and CEO of Unitus Community Credit Union. “We are grateful to FHLB Des Moines for expanding our impact through this 3-to-1 match. Our combined donation to Business Impact Northwest is going to make a difference in our local communities as the organization coaches and supports the next generation of small business owners.”
Posted in Oregon, Regional Member News, Washington.