IU Credit Union has been named Ivy Tech Community College Bloomington’s Benefactor of the Year. IU Credit Union will be recognized this evening at Ivy Tech Foundation’s annual Benefactor of the Year reception and dinner held in West Baden, Ind., following the Foundation’s annual board of directors meeting at West Baden Springs Hotel.
Ivy Tech Bloomington Chancellor Jennie Vaughan says IU Credit Union has been a consistent and committed supporter of the campus. ”For nearly 30 years IU Credit Union has served as a leader in responding both generously and immediately to the capital, sponsorship, and scholarship needs of Ivy Tech Bloomington and its students,” she said. “During our first capital campaign launched in 2004, IU Credit Union stepped up as an active and vocal advocate for the college, and with their support and involvement, we exceeded the campaign fundraising goal by more than 50 percent.”
Nearly 70 students attending Ivy Tech Bloomington have directly benefited from IU Credit Union scholarship awards, receiving more than $30,000 in direct aid to offset college-related expenses.
“IU Credit Union’s support has created cost-savings for many students and has reduced their debt service upon graduation,” said Chancellor Vaughan. “As a measure of our appreciation, we’re pleased the new Student Success Center, which provides tutoring and academic support services to students, will bear IU Credit Union’s name.”
IU Credit Union has participated as a major donor throughout two Ivy Tech Bloomington capital campaigns and since the inception of both the O’Bannon Institute for Community Service and Cook Institute for Entrepreneurship.
Each year the Ivy Tech Foundation honors individuals, corporations, and foundations that have changed the lives of Ivy Tech students by providing exceptional philanthropic and volunteer leadership.
IU Credit Union, a member-owned financial institution, was founded in 1956 by employees of the Indiana University community. IU Credit Union has a strong commitment to the communities it serves by providing financial education and scholarships, donating to community organizations, and sponsoring community events.