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CU System
CU Aid grant helped couple who lost home in wildfires
SAN DIEGO (7/9/08)--A donation of $3,300 from CU Aid helped two members of Point Loma CU rebuild their home after it was destroyed by wildfires last year in San Diego County.
(From left) Julia and William Fernstrom received a $3,300 grant from Point Loma CU President/CEO Ted Dennis on behalf of CU Aid. The money will help the couple recover from last year’s wildfires, which destroyed their home in San Diego. (Photo provided by Point Loma CU)
“We are so thankful,” said William Fernstrom, who lost his home in the fire. He and his wife, Julia, have been members of Point Loma since 1969. “There are so many little things that insurance and the federal government don’t cover, such as landscaping. “This will help make our lives seem normal again,” he added. CU Aid is a natural disaster relief program administered by the National Credit Union Foundation (NCUF) and state credit union leagues. It raises funds through donations from the credit union community, and helps credit union employees, volunteers and members who have suffered unrecoverable losses. Over the past eight months, NCUF and the California Credit Union League have disbursed $133,000 in CU Aid grants to credit union members in Southern California whose homes burned down in October 2007, Steve Bosack, NCUF deputy director, told News Now. “In the midst of tragedy, it’s good to see that credit union members all across the country are ready and willing to help,” said Ted Dennis, Point Loma president/CEO.
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