05/04/2023
FOR IMMEDIATE RELEASE
The Peoria Area Food Bank Receives $15,000 Compeer Financial
To Support Rural Mobile Pantries
The Peoria Area Food Bank and Compeer will partner to provide much needed food to our rural neighbors living in Mason, Tazewell and Peoria counties. Many people in rural communities’ face hunger:
· Food insecurity rates are higher in rural areas than in urban areas. According to the USDA, in 2021 11% of rural households were food insecure.
· Our Map the Meal Gap report found that 9 out of 10 counties with the highest food insecurity rates are rural. Rural communities make up 63% of all U.S counties, but 87% of counties with the highest food insecurity rates.
· Living in a rural community comes with unique challenges that make affording food more difficult, including lack of transportation, jobs that pay low wages, and underemployment.
Compeer Financial and the Peoria Area Food Bank are working to feed our neighbors in rural communities. The Peoria Area Food Bank is committed to reaching everyone who faces hunger regardless of where they live. The Peoria Area Food Bank and Compeer Financial will:
· Operate mobile pantries that bring food to communities so our neighbors do not need to travel to food pantries that can be hours away.
· Assist community members with enrolling in SNAP.
About the Fund for Rural America
The Compeer Financial Fund for Rural America is the corporate giving program of Compeer Financial, structured to support Compeer Financial’s mission to enrich agriculture and rural America. Compeer Financial’s Board of Directors has dedicated one percent of annual net earnings to support the Fund’s focus areas of agricultural advocacy and development, agriculture education, cooperative initiatives, rural development and community enrichment; and youth engagement. The Fund is managed by a Board of Trustees, made up of team members from Illinois, Minnesota and Wisconsin and members of the Compeer Financial Board of Directors. More information about opportunities available through the Fund can be found at Compeer.com/giving-back.
About Compeer Financial
Compeer Financial is a member-owned Farm Credit cooperative serving and supporting agriculture and rural communities. The $29.7 billion organization provides loans, leases, risk management and other financial services throughout 144 counties in Illinois, Minnesota and Wisconsin. Based in the Upper Midwest, Compeer Financial exists to champion the hopes and dreams of rural America, while providing personalized service and expertise to clients and the agriculture industry.
Compeer Financial is the third largest cooperative of the Farm Credit System, a nationwide network of lending institutions supporting agriculture and rural communities with reliable, consistent credit and financial services. Learn more about Compeer Financial’s scholarship program.