Dale Owen, President & CEO

The Quad Cities region was tested by devastating floods this spring, but as our recovery efforts have shown, our will is stronger than ever. The boots on the ground organizations acted fast to help people with housing and cleanup efforts. Just as the water began to recede, the Ascentra Credit Union Foundation joined the effort to strengthen the long-term recovery efforts with a donation of $10,000 to the Quad Cities Disaster Recovery Fund.

We fully appreciate the needs of our community will be long-lasting. As a Quad Cities based not-for-profit organization, we share a synergy of helping out during trying times and know it’s going to take everybody working together to repair and renew for the long term.

The Downtown Davenport Partnership estimates that businesses impacted by flooding in Davenport could be out $30 million in revenue and lost wages over the next year; this doesn’t account for building and property damage.

The Quad Cities Disaster Recovery Fund will ensure the support and resources are there when organizations need them so they can also increase their capacity. The fund specifically supports organizations that need additional resources to support people in our community when a disaster, natural or man-made occurs.

The Quad Cities Community Foundation is managing the Quad Cities Disaster Recovery Fund and is ensuring that funds donated are granted to partner organizations in Rock Island and Scott Counties, to support flood recovery resources in the months and year ahead in the community recovery stage.

It’s very hard to see the effect this disaster has had in our community, but the response has been very gratifying. From individual donors making smaller donations, to corporate gifts and grants, it’s great to see the region has pulled together to help those affected.

Members may also join Ascentra in making a gift to the Quad Cities Disaster Relief Fund by giving online at QCCommunityFoundation.org.

At Ascentra, we have been working with members who have loan payments due and were displaced or were unable to work because of the flooding. We also introduced an Emergency Loan with very favorable rates and terms for anyone in our community who may need a small loan to get them by. To learn about Ascentra’s Emergency Loan, visit Ascentra.org or stop by to see a loan officer.

As always, you can count on Ascentra to be here for you, listening, caring, doing what’s right.

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