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CU System
Pa. foundation commits 150K to flood victims
HARRISBURG, Pa. (10/17/11)--The Pennsylvania Credit Union Association and the Pennsylvania Credit Union Foundation have committed $150,000 to the state’s flood victims--specifically credit union employees and members. The National Credit Union Foundation’s (NCUF) CUAid program also will contribute an undetermined amount of funds to flood victims (Life is a Highway Oct. 14). The state foundation has received nearly 250 grants from employees and members of more than 35 Pennsylvania credit unions. The submission deadline was Saturday. The Pennsylvania foundation approved 40 grants of $1,500 each for a total of $60,000. NCUF has processed the grants, and checks are on the way to credit unions who will, in turn, distribute them to beneficiaries. During the next several weeks, the foundation will process additional grant requests and prepare checks for those that are approved.
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