We recognize that as Iowa’s largest credit union, we have a special responsibility to address racial inequities head on.”
According to the report, “Race in the Heartland” 1, Iowa’s black population has a home ownership rate below 30 percent while whites in the state hover just below 80 percent home ownership.
This Community Investment Statement includes an additional $20 million in targeted community investments in the areas of racial, immigrant, and refugee equity, affordable housing and financial inclusion, and climate and environmental sustainability.
Racial, Immigrant & Refugee Equity
Colin Gordon, “Race in the Heartland: Equity, Opportunity, and Public Policy in the Midwest,” October 2019.
Bankrate analysis of Home Mortgage Disclosure Act data, via LendingPatterns.