InRoads Credit Union earns federally recognized Community Development Certification
ST. HELENS, OR (February 11, 2022) — InRoads Credit Union has been certified as a Community Development Financial Institution (CDFI) by the U.S. Treasury Department. The designation isgranted to organizations whose primary mission is to promote community development and is designed to generate economic growth and opportunity to regions that might be distressed. With this certification, InRoads has access to apply for millions in CDFI Fund grants that can be used to support financially vulnerable families and small businesses.
“It’s a wonderful opportunity for InRoads to help those affected by the economic downturn and more,” stated Brooke Van Vleet, InRoads President/CEO. “We appreciate the opportunity to provide even more support to those who need it.”
The CDFI Fund was established in 1994 to boost lending and community development through certified CDFI lenders, allowing them to expand their reach into economically distressed areas and underserved communities.
About InRoads Credit Union
Proud to be a not-for-profit member-owned financial cooperative, InRoads Credit Union was established in 1938 and holds over $360 million in assets. The community focused organization contributed $138,853 to local nonprofits, community organizations and scholarships as well as nearly $16 million in small business loans in 2023. Membership is open to anyone who lives, works, attends school, volunteers, or worships in Columbia, Clatsop, Cowlitz, Multnomah and Washington Counties, along with immediate family who are existing InRoads members. In addition to the incoming Hillsboro location, InRoads has locations in Scappoose, St. Helens and Rainier, Ore.
