DuTrac Community Credit Union is pleased to announce their recent gift of $1.3 million to the Iowa Credit Union Foundation (ICUF) in order to establish the new DuTrac Community Credit Union Fund (DuTrac Fund). The DuTrac Fund is a donor advised fund that will be administered by ICUF.
Since its founding in 1946, DuTrac Community Credit Union has donated many of its resources toward helping those in need. Whether it was assisting the WWII service men and women integrating back into the workforce or supporting local charities, the credit union’s mission to serve others has remained a constant. The creation of the DuTrac Fund will allow the credit union to continue to provide support to organizations that serve vulnerable communities in Iowa, while investing the funds to grow over time.
This year, the ICUF have launched a donor advised fund program that will allow credit unions, such as DuTrac, to create their own charitable funds.
The $1.3 million donation from DuTrac Community Credit Union is the largest donation ever made to the Iowa Credit Union Foundation.