iQ Credit Union Infuses Local Programs with Impactful Giving

Posted by Britt Bonanzino on March 27, 2024

iQ Credit Union unveiled its 2023 annual report and community impact report during the credit union’s recent annual meeting, showcasing a commitment to educational, philanthropic, and partnership initiatives that make the Pacific Northwest a better place to live, work, and bank.

The Vancouver, Wash.-based credit union partnered with 141 local nonprofits to inject nearly $400,000 into vital causes. A portion of that money was raised by iQ staff and members through the iQ for Kids foundation, which supports local organizations dedicated to enriching the lives of young children. Beyond financial contributions, the iQ crew volunteered 1,035 hours of their time, highlighting the credit union’s culture of showing up and giving back.

“iQ for Kids creates so many different layers of impact—from the employees and members who give, to the organizations and children who benefit from the programs—it’s inspiring to witness the full-circle effect of coming together to enrich the lives of youth throughout Oregon and Washington,” said Evan Strandberg, VP of Community Impact at iQ.

Education and financial literacy were at the forefront of iQ’s community impact efforts.

• The credit union reached over 2,600 students through 57 presentations and events, including financial reality fairs and interactive sessions at local schools and farmer’s markets.
• iQ awarded $10,000 in grants to 28 educators in 11 school districts through the Read with Me program.
• iQ provided $22,000 in scholarship funds to five students to support their education in college or a trade school.

iQ also took steps to combat hunger, housing insecurity and health challenges in efforts to address fundamental needs. Strategic partnerships with organizations such as OHSU Doernbecher Children’s Hospital, Cascade AIDS Project, SHARE and the Clark County Food Bank enabled iQ to extend its impact to critical areas of need within the community.

About iQ Credit Union

iQ Credit Union is a full-service financial institution serving the Pacific Northwest since 1940. With more than 100,000 members in Washington and Oregon, the credit union is known for its deep commitment to financial education and community engagement – and for its signature red and black buffalo plaid colors. iQ helps WAnderers and explORers reach their financial goals by offering honest and friendly advice at any of its 16 branches. More information is available at iQCU.com.

Posted in Oregon, Top Headlines, Washington.