Credit Union awards three-year grants to community groups

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  • Stages for young people;
  • Columbia River High School;
  • TreeSong Nature Outreach and Retreat Center;
  • Battle Ground Kiwanis Club;
  • Cascadia Behavioral Health Care;
  • The family room;
  • Playworks Energized Education;
  • Merry Heart Children’s Camp;
  • Mpowered Life Ministries;
  • FIRST Robotics Team 2471;
  • Dialed cycling and triathlon team;
  • Friendly house;
  • Football in the park.

One-time grants are awarded on a quarterly basis, with the iQ for Kids committee meeting in February, May, August and November to make funding decisions. Since its inception, iQ for Kids has donated more than $1.3 million to local charities focused on improving the lives of children, officials described. The foundation is funded by donations received from iQ employees.

The credit union describes itself as a full-service financial institution serving the Pacific Northwest since 1940. With more than 97,000 members in Washington and Oregon, the credit union is known for its commitment to financial education and community involvement and for its red and black signature. buffalo plaid colors.

Read next: Credit union sees spike in activity on its home equity

Holly Lindquist, Senior Loan Officer at iQ Credit Union, which specializes in home equity, spoke with Mortgage Professional America earlier this month to recall other uses of home equity besides renovations and improvements, ranging from paying off credit card debt to covering medical emergencies.

Lindquist noted that she has seen less equity used for renovations, as has been the case during the height of the refinancing boom of the past two years. “A lot of people have been using it for debt consolidation lately,” she said. “I recently had someone who was probably over $60,000 in credit card debt, and he had tons of equity in his house. So we took out the equity and paid off all those cards and he saves over $1,200 per month in payments alone.

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