Junior Achievement of South Dakota Receives a $10,500 Grant

Levo Credit Union®, in partnership with Federal Home Loan Bank of Des Moines (FHLB Des Moines), is pleased to announce that Junior Achievement of South Dakota will receive a $10,500 grant from the Member Impact Fund. Levo was able to apply for a matching donation from FHLB Des Moines’ Member Impact Fund to multiply Levo’s gift to JA. 

“Junior Achievement’s mission aligns so closely with Levo’s values,” says Jen McKeown, Vice President of Marketing at Levo Credit Union®. “We educate our young members on some of the same important topics like budgeting and the importance of saving. It’s so rewarding to know these efforts make a big difference in kids’ lives!”

JA serves more than 54,000 kids in South Dakota each year. It will use the funds to expand financial literacy education and career exploration opportunities.

“This generous support from Levo Credit Union® and the Federal Home Loan Bank of Des Moines will have a lasting impact on students across South Dakota,” said Kayla Eitreim, President and CEO of Junior Achievement of South Dakota. “These funds allow us to reach more young people with hands-on financial literacy and career readiness experiences, helping them build the skills and confidence they need to succeed in school, work, and life.”

Not only does Levo provide financial support for JA, but also offers several employees who volunteer for various lessons, learning experiences and events.

FHLB Des Moines provides funding solutions to more than 1,200 members to support mortgage lending, economic development and affordable housing in the communities they serve. The Member Impact Fund provides FHLB Des Moines members matching grant donations to strengthen the ability of not-for-profits or government entities to support the needs of their communities. This matching grant program will result in FHLB Des Moines awarding over $12.9 million in funding to support affordable housing and community development in Alaska, South Dakota, Guam and the Commonwealth of the Northern Mariana Islands.

“The Member Impact Fund is designed to help our members champion the organizations that make a real difference in their communities,” said Kris Williams, president and CEO of FHLB Des Moines. “By partnering with our members, we’re able to multiply resources and support their vital work as they continue to strengthen opportunities for the people they serve.”

Recipient organizations were selected based on the needs for grant funding to serve affordable housing or community development needs including job training, affordable housing, financial literacy, food banks and youth programs.This member matching grant program is part of FHLB Des Moines’ ongoing mission to offer a variety of funding options through its members.

Since its launch in 2023, the Member Impact Fund has provided more than $83 million in grants from FHLB Des Moines, generating over $113 million in combined support for affordable housing and community development. Notably, every eligible application submitted to the program has received funding—reflecting the organization’s strong commitment to partnership and impact.

Levo has donated over $405,400 to worthy causes over the past five years and operates its own 501C3 private foundation called the Levo Cares Foundation. For more information about Levo’s giving, go to: Levo.org/foundation.