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CU System
Georgia CUs donate 34000 to Iowa flood relief
DES MOINES, Iowa (9/16/08)--Georgia’s credit unions have raised $34,300 for disaster grants for Iowa credit union members impacted by this spring’s floods and tornadoes. After the Georgia Credit Union Foundation issued an appeal, 38 credit unions from across the state made contributions. All funds donated go directly to Iowa credit union members who were displaced from their home for a significant period of time and be disbursed through the Iowa Credit Union Foundation’s Disaster Relief grant program. The foundation has received more than $550,000 for disaster relief, to date. It has issued more than 1,100 grants to Iowa credit union members. Each grant is $500 to help members with short-term cash needs. “These have been trying times for Iowans and it is our hope these funds will provide the needed assistance being offered by Iowa’s credit union community,” said Dan Denning, foundation executive director. “We extend our sincere thoughts and prayers for a speedy rebuilding and recovery process.” “The outpouring of support from credit unions in Georgia and across the country has been overwhelming,” said Marybeth Foster, executive director of the Iowa Foundation. “We could not help as many Iowa credit union members without the financial support we’ve received from the credit union community,” she added.


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