Corda Credit Union Pledges $50,000 to NewBo City Market

August 23, 2024

CEDAR RAPIDS, IA, August 22, 2024 – Corda Credit Union has pledged to contribute $50,000 to NewBo City Market as part of the Market’s Next Level Local capital campaign.

According to NewBo City Market’s website, “the Next Level Local campaign (is) a targeted expansion that will increase our business incubation, local food access, and public events capacity.” The new design includes a grocery store, recording studio, more shopkeeper spaces, a new kitchen, and two balconies that will overlook the Market yard.

Corda Credit Union will be the sponsor for the Balcony Lounge Patio.

“Because of the generous gift provided by Corda Credit Union, we can build brand new, dynamic spaces for the entire community to enjoy,” said Julie Parisi, Executive Director of NewBo City Market. “Investment in local businesses and organizations is integral to the Market's core values and mission, so it is especially rewarding to work with a financial institution whose values are aligned with our own.”

Corda Credit Union has a longstanding relationship with NewBo City Market. In addition to supporting a variety of family-friendly events at the Market over the years, the credit union sponsors the annual Emerging Entrepreneur of the Year Summit held at the Market in March.

“NewBo City Market is a hub of the community, and we’re thrilled to be part of this exciting expansion,” said Paula O’Rourke, President and CEO of Corda Credit Union. “Corda Credit Union is committed to serving our members and building up our communities.”

To learn more, visit www.cordacu.org