IncredibleBank Announces $15,000 Target Impact Fund Grant From The Federal Home Loan Bank of Chicago (FHLBank Chicago)
IncredibleBank has been named a recipient of a $15,000 grant from The Federal Home Loan Bank of Chicago’s Target Impact Fund which provides members with grants to support relief efforts for populations hardest-hit by COVID-19, as well as to promote equity and opportunity for communities of color.
IncredibleBank has announced that three organizations will each receive a $5,000 grant. The organizations are the YWCA of Wausau, Feeding Our Rural Kids (FORK) in Eagle River, and the Tomahawk Area Interfaith Volunteers of Tomahawk, WI.
The YWCA of Wausau was selected because the organization actively promotes equity and opportunity for communities of color. Further, employees of IncredibleBank and IB Insurance will be offering a Financial Education Series through the YWCA to young adults covering diverse topics on money and finances. Feeding Our Rural Kids was chosen because the organization’s mission is to provide nutritional support to school-aged children from food insecure homes. This challenge has become even more exacerbated by the pandemic. Tomahawk Area Interfaith Volunteers was selected because they provide valuable resources to seniors and those with disabilities in need of transportation, companionship and chore services.
Todd Nagel, President and CEO of IncredibleBank, said, “This $15,000 grant from The Federal Home Loan Bank of Chicago is both timely and extremely valuable to the organizations we have selected. We are delighted to be able to donate this money to these non-profits as they work tirelessly to make lives better for those impacted by the challenges of the pandemic and to those persons of color in search of greater opportunities and equity.”