Clearwater Credit Union donates $25,000 to CFAC Double SNAP Dollars
MISSOULA, MT (June 29, 2021) — Clearwater Credit Union (Clearwater) announced a $25,000 donation to the Community Food and Agriculture Coalition (CFAC) during its 2021 Annual Member Meeting on Tuesday, June 22, 2021.
Clearwater is Montana’s largest Community Development Financial Institution. The event marked the credit union’s 65th year in operation and was a celebration of its mission to be a force for good in banking, in the lives of its members, and in the communities it serves. The donation is intended to combat ongoing food insecurity in vulnerable households and to provide more Montanans with the means to secure healthy, locally sourced produce.
CFAC estimates that 1 in 8 Montanans struggle to afford all the food they need. Even with federal food benefits like SNAP, many families experience food insecurity and often struggle to afford healthy food options like fruits and vegetables. Clearwater’s contribution will support of Double Snap Dollars program administered by CFAC and coordinated in partnership with Farm Hands Nourish the Flathead and NCAT.
“As we emerge from the public health crisis, we know that we do so unevenly. Many of our neighbors struggle to provide complete and healthy meals for their families. We are proud to be able to do our small part to lessen this burden. We are proud to partner with CFAC to help our fellow Montanans improve their access to quality, locally grown food,” said Jack Lawson, President & CEO of Clearwater Credit Union.
With Double Snap Dollars, community members can visit qualifying farmers’ markets and other locations, swipe their EBT card and Double their SNAP matching tokens when they purchase up to $20 a day in fruit and vegetables. The program was established in 2015 and currently has 26 Double SNAP locations across Montana, with plans to expand.
“Currently, 10,000 Missoulians use SNAP to keep food on the table. 65% of SNAP users are families with children, 31% are elderly and disabled, and Missoula is projected to have a 10% increase in food insecurity through 2021,” said Ian Finch, Food Access Program Manager at CFAC. “Clearwater Credit Union’s substantial donation will enable us to grow the program to meet the increased need in our community through expanding the number of matching dollars available at our current locations and piloting the Double SNAP Dollars program in grocery stores in Missoula County.”
For more information, clearwatercreditunion.org/impactstory/double-snap-dollars email Paul Herendeen at paul.herendeen@clearwatercreditunion.org, or call (406) 523-3321.
About Clearwater Credit Union
Established in 1956, Clearwater Credit Union is a values-based, member-owned financial cooperative committed to using finance to make the world a better place. Clearwater is Montana’s largest certified Community Development Financial Institution (CDFI), one of four U.S. credit unions that are members of the Global Alliance for Banking on Values (GABV), and a member of Inclusiv, a CDFI intermediary with a mission to help low- and moderate-income people enhance economic well-being through credit unions. Approaching $1 billion in assets with over 57,000 members, Clearwater offers individuals and businesses across Western Montana access to banking, loan, mortgage, and financial counseling and education services. Visit clearwatercreditunion.org to learn more about how Clearwater is a force for good in banking, in the communities it serves, and for its members.
About Community Food & Agriculture Coalition
CFAC develops and strengthens Missoula County’s food system and that of the surrounding region by promoting sustainable agriculture, building regional self-reliance, and assuring that all have equal access to nutritious, affordable, and culturally appropriate food. CFAC also advocates for local, state, and national policies that promote our local food system. missoulacfac.org.
