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Fundraising for Haiti quake victims continues
MADISON, Wis., and WASHINGTON (2/3/10)--It's been 23 days since the 7.0 magnitude earthquake turned the capital city of Haiti into rubble, and it will take at least 10 years to rebuild. Credit unions are contributing funds to assist colleagues and their members survive during the recovery. The magnitude of what will be needed for Haiti to recover is daunting. Haitian Prime Minister Jean-Max Bellerive has said that in 30 seconds, Haiti lost 60% of its gross domestic product. The country estimates it will need $3 billion to rebuild the country (USA Today Feb. 2).
Click to view larger image Members of the H.U.G.S. (Help Us Give to OtherS) Team at Evergreen CU, Neenah, Wis., enlisted members, volunteers, family and friends for a bake sale that raised more than $300 to benefit Haiti earthquake victims. "When we saw the absolute devastation in Haiti, we all felt we had to do something to help these people," said Debbie Bruley, vice president. (Photo provided by Evergreen CU)
Credit unions from all around the world have raised more than $530,308 for the credit union disaster relief fund, according to the Worldwide Foundation of Credit Unions, affiliated with World Council of Credit Unions (WOCCU). Of that total, U.S. credit unions and organizations have raised $221,656 through the National Credit Union Foundation's CUAid.coop. Haiti, which has an active credit union movement with 175 credit unions and 4040,090 members, also is the site of a WOCCU project. The Michigan Credit Union League, CUcorp and the Michigan Credit Union Foundation contributed $12,500 to the relief fund. "With the death toll estimates rising in Haiti, and given the incredible destruction in that country, our credit union community should do its part to step up with financial support," said MCUL President/CEO David Adams. The third-year and second-year classes of Western CUNA Management School (WCMS) pooled their resources and funds to contribute $1,000 to the relief effort. Each class donated $500. "When the Theta presidency first discussed making a donation to help those devastated by the earthquake in Haiti, we focused on the three words that are the philosophy of our entire industry--'People Helping People,'" said Robert York, president of the Theta Class (third-year students) and vice president of marketing and business development at California Bear CU, Los Angeles. "We chose the WOCCU Relief Fund because making our donation to a credit union organization would embrace the spirit and support the international development of the credit union movement," York said. Daniel Penrod, president of the Iota Class (second-year students) and senior industry analyst with the California and Nevada Credit Union Leagues, noted that, "Our hope is that our modest donation, coupled with those already given by others will combine to have a profound impact." To support Haiti's credit unions and members through the international credit union disaster fund, make payments, via check, credit card or wire to: Worldwide Foundation for Credit Unions Inc., 5710 Mineral Point Road, Madison, WI 53705, USA. Donations also can be made online with a credit card at www.woccu.org/give. For wire transfer information, contact Valerie Breunig, Worldwide Foundation for Credit Unions at 608-395-2055 or via e-mail vbreunig@woccu.org. Please indicate the donation is designated for the Haiti Disaster Relief Fund. U.S. credit unions also can support WOCCU's relief efforts by donating through the NCUF's CU Aid at www.CUAid.coop. In addition to their efforts for their credit unions colleagues and members, credit unions have other efforts underway for broader relief organizations. Some are organizing fundraising for the American Red Cross International Response Fund.
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