partnership with the Ohio Credit Union Foundation, River Valley Credit Union
has provided $12,500 to members of the Dayton area who were financially
impacted by the COVID-19 pandemic. Twenty-five individuals were each awarded a
$500 grant to help cover some of their financial needs.
“We had no doubt that the Miami Valley has been negatively
affected by COVID,” said John Bowen, River Valley Credit Union CEO. “But, to
see people who were displaced and have nowhere to live … good people whose jobs
simply disappeared, it really hits home. We provided grants to parents with
sick children, to people taking care of ailing parents. We had one grant
recipient who needed the money to buy a headstone for their daughter! We are
thankful to the Ohio Credit Union Foundation for allowing us the opportunity to
help so many people.”
River Valley received funding through the Ohio Credit Union Foundation
to help the community begin to recover from the financial burden COVID-19 has
placed on families.
River Valley announced the grant application process on June
15, 2020 through email and social media.
The grant was available to anyone financially effected by COVID-19. In
all, 231 applications were received and scored by both River Valley branch
employees and senior management. Scoring was based on eight factors including
financial needs, current employment, and emotional impact. Twenty-five
applicants were selected and awarded the $500 grant.