Innovation Awards 14 Organizations with Over $151,000
Innovation Federal Credit Union, as part of its Legacy Community Development Grant Fund, awarded 14 Saskatchewan organizations with over $151,000 in January. This support is part of $5 million reserved for Saskatchewan people with Saskatchewan projects that was announced in July of last year.
“We were thrilled to become a credit union with national reach in 2023, but it’s the communities we’ve served for decades who made us the credit union we are today,” says Innovation CEO, Daniel Johnson. “We’re honored to share our profits as part of our Responsible Banking™ philosophy, to support these outstanding Saskatchewan organizations and initiatives that make a difference.”
January recipients include:
- Buffalo Narrows Friendship Centre - $20,000
- Cabri Prairie Health Care Centre - $10,000
- Eastend Light Horse Improvement Society Inc. - $5,000
- Goodsoil Beaver River AG 4-H Club - $5,000
- Gull Lake Special Care Centre - $10,000
- Hafford Central School - $4,000
- Leoville Curling Club - $10,000
- Mankota Saskatchewan Health Authority Cypress - $10,000
- Meadow Lake Food Bank & Door of Hope - $20,000
- Meadow Lake Minor Ball - $5,000
- Medstead Community Hall - $15,000
- North Battleford Connaught School - $2,500
- North Battleford’s Territorial Youth Services - $25,000
- Swift Current Southwest Cultural Development Group Inc. (Give a Sheet for the Lyric Theatre) - $10,000
Innovation reinvests 2-4% of pre-tax profits back into the communities they serve. Profit sharing with both members and their communities are two things that truly set the credit union apart in the financial services industry.
Innovation member organizations can apply online for a grant today.