Kalamazoo, Mich. — Consumers Credit Union is proud to announce it will award $37,500 each to S.A.F.E. Place and Neighborhoods Inc. of Battle Creek (NIBC) via the Federal Home Loan Bank of Indianapolis’ Community Multiplier – Member Match program.

Community Multiplier – Member Match is a matching grant program available to financial institution members of the Federal Home Loan Bank of Indianapolis (FHLBank Indianapolis). The program offers grants of up to $60,000 each with a minimum 25% matching commitment from the member financial institution to target specific affordable housing initiatives. Each grant provides $30,000 from FHLBI, with an additional $7,500 match from Consumers.

“We [Consumers Credit Union] believe safe, stable housing creates stronger families and stronger communities,” said Josh Summerfield, vice president of mortgages at Consumers. “We’re proud to partner with S.A.F.E. Place and Neighborhoods Inc. of Battle Creek through the Community Multiplier program to help address critical housing needs and create more opportunities for individuals and families to thrive.”

The grant awarded to S.A.F.E. Place will support the construction of five apartment-style housing units for survivors of domestic violence and human trafficking. Located on S.A.F.E. Place’s existing property, the units will provide longer-term emergency housing for individuals and families who need additional time and support before transitioning to permanent housing. The project will help bridge the gap between emergency shelter and permanent housing while allowing residents to remain connected to supportive services.

“Emergency shelter is meant to be a first step, but many survivors need more time before they’re ready for a place of their own,” said Ellen Lassiter Collier, CEO of S.A.F.E. Place. “These five apartments give families room to rest, plan and rebuild while staying close to the support they count on. We’re grateful to Consumers Credit Union and FHLBank Indianapolis for helping us add them.”

The grant awarded to Neighborhoods Inc. of Battle Creek will support the organization’s housing rehabilitation initiative, which works to revitalize aging residential properties and increase the supply of safe, affordable housing throughout Battle Creek and Calhoun County. Funding will be used for critical rehabilitation projects, including roofing, mechanical systems, electrical and plumbing upgrades, accessibility improvements, and health and safety repairs. These investments will help preserve existing affordable housing and return vacant or distressed properties to productive use.

“A bad roof or a broken furnace can put a family’s whole home at risk,” said President and CEO of Neighborhoods Inc. of Battle Creek Whitney Wardell. “This funding helps us make the repairs that keep homes safe and livable, and bring empty properties back into use on streets that need them. We appreciate Consumers Credit Union and FHLBank Indianapolis for investing in Battle Creek neighborhoods.”

Together, these projects will help expand housing stability, preserve affordable housing inventory and strengthen neighborhoods across the Battle Creek community.

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Headquartered in Kalamazoo, Michigan, Consumers Credit Union is a full-service financial institution and a leader in digital banking technology, mortgages and business lending. Consumers has more than $2.9 billion in assets. Locally owned since 1951, Consumers serves more than 159,000 individuals and businesses through 34 offices located in Kalamazoo, Battle Creek, Grand Rapids, Coldwater, Lansing and up the Lakeshore, with member access to 30,000+ free CO-OP Network ATMs nationwide. For details, visit ConsumersCU.org. Editors, please refer to Consumers Credit Union in short as Consumers, rather than CCU. Thank you!

  

Federal Home Loan Bank of Indianapolis: Building Partnerships. Serving Communities. FHLBank Indianapolis is a regional bank in the Federal Home Loan Bank System. FHLBanks are government-sponsored enterprises created by Congress to provide access to low-cost funding for their member financial institutions, with particular attention paid to providing solutions that support the housing and small business needs of members’ customers. FHLBanks are privately capitalized and funded, and they receive no Congressional appropriations. One of 11 independent regional cooperative banks across the U.S., FHLBank Indianapolis is owned by its Indiana and Michigan financial institution members, including commercial banks, credit unions, insurance companies, savings institutions and community development financial institutions.

For more information about FHLBank Indianapolis, visit www.fhlbi.com and follow the Bank on LinkedIn, and Instagram and X at @FHLBankIndy. (Note: Content the Bank shares on its website and social media is not incorporated by reference into any of its filings with the SEC, unless and only to the extent that a Bank filing with the SEC expressly provides to the contrary.)