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NEW CUAid launched to help CUs hit by Irene
MADISON, Wis. (8/31/11 UPDATE 10:40 a.m. ET)--The National Credit Union Foundation (NCUF) has activated the online disaster relief system CUAid.coop to raise money for credit union people along the East Coast affected by Hurricane Irene. Certain areas on the East Coast have been devastated by the impact of the storm. For instance, Paul Gentile, President/CEO of the New Jersey Credit
Click to view larger image Extreme flooding hit Highstown, N.J., as shown in this NCUF photo, after Hurricane Irene hit the area. States from North Carolina ranging north up through New Englad are struggling with the afteraffects of the storm.
Union League in Hightstown, N.J., described the situation in his state this way: "New Jersey has been crippled by Hurricane Irene. Rivers in New Jersey have crested and washed out highly populated towns. Thousands of people are displaced and struggling just to get their bare necessities.” “I am thrilled CUAid is being activated. Joining together cooperatively to help those in need is the heart and soul of the credit union movement,” Gentile added. The NCUF announced today that credit union supporters in every state can now make donations through CUAid’s secured website, which accepts credit cards and wire transfers. (Use resource link below.) CUAid is a unique program that enables credit union employees, volunteers, and members, as well as credit unions and credit union organizations across the U.S., to contribute directly to support other credit union people. “We encourage credit union leaders all across the country to use CUAid.coop as a channel to collect donations from their employees, volunteers, and members,” said NCUF Executive Director Bucky Sebastian. “Everyone who supports CUAid is helping affected credit union people directly with critical needs, longer-term recovery needs, operational needs, and assisting credit union members.” As donations are posted through CUAid.coop, NCUF will coordinate with the state credit union leagues in the disaster-struck states to distribute money to affected credit union employees and members. CUAid was developed by NCUF in cooperation with state credit union foundations, state credit union leagues, and the Credit Union National Association’s Disaster Preparedness Committee in 2006. So far in 2011, NCUF has raised more than $250,000 in disaster relief donations that were disbursed as grants to credit union employees and members who suffered losses from tornadoes in Alabama and Missouri, as well as from flooding in North Dakota.
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