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Veridian Credit Union donating $125,000 to community pandemic response efforts

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Veridian Credit Union

Veridian Credit Union

WATERLOO, Iowa (KWWL) -- Veridian Credit Union is donating $125,000 toward pandemic response efforts across Iowa and eastern Nebraska.

Donations will be made to organizations helping to address some of the most urgent and basic needs, with a focus on food insecurity, small business relief and individual grants.

Seven community food pantries will receive a total of $50,000 from Veridian, including Northeast Iowa Food Bank in Waterloo, Independence Area Food Pantry in Independence, Community Kitchen Cupboard in Oelwein, CommUnity Crisis Services and Food Bank in Iowa City, and Hawkeye Area Community Action Program in Cedar Rapids.

That donation is expected to supply an estimated 200,000 meals across Iowa and eastern Nebraska. The Iowa Credit Union Foundation’s Emergency Relief Fundwill receive $50,000 to help fund one-time, $500 grants to Iowa’s eligible credit union members.

The Iowa Small Business Relief Fund will also receive $25,000 to help small businesses who were disrupted by the Coronavirus pandemic and not recipients of federal or state relief funds.

All Veridian branch lobbies closed temporarily on March 17 until further notice. Members are strongly encouraged to use online banking and the credit union’s mobile app to deposit checks, make payments and more while social distancing is required.

Drive-ups are open for regular business hours. Some drive-up locations are experiencing an increase in traffic, and members in need of cash transactions are encouraged to visit an ATM. Updates on Veridian’s response to the Coronavirus pandemic are available here.

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