Linn Area Credit Union Donates More than $13,000 to UI Stead Family Children’s Hospital

CEDAR RAPIDS, IA, February 5, 2021 – Linn Area Credit Union has donated $13,319.02 to University of Iowa Stead Family Children’s Hospital.

“We're so proud of our employees for supporting the kids at University of Iowa Stead Family Children’s Hospital,” said Jenny Lorenz, President/CEO of Linn Area Credit Union, adding that more than $10,000 was donated by employees so they could wear jeans on Fridays.

Although Linn Area Credit Union’s annual golf outing to benefit the Children’s Miracle Network was canceled in 2020 due to COVID-19, several companies and individuals who had committed to the event allowed their donations to move forward, contributing nearly $2,500. The remainder was raised by selling chocolate bars.

Linn Area Credit Union consistently donates to area nonprofit organizations. “As a member-owned financial co-op, we strongly believe in providing support to organizations that help local families,” said Lorenz.

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About Linn Area Credit Union

Linn Area Credit Union was founded in 1935 when eleven Cedar Rapids teachers each put up $5 of their own money. By the end of the first year, the Cedar Rapids Teachers’ Credit Union (as it was then known) had 72 members. Today, Linn Area Credit Union has five locations and serves nearly 25,000 members in 22 counties. The credit union actively contributes to local communities and nonprofit organizations centered on children, families, and education. Linn Area Credit Union’s mission is to be partners in a successful future with our members and employees by providing caring financial services and community support. Learn more at

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