Credit Unions Team Up to Help Ease Effects of Hurricane Sandy

The National Credit Union Foundation (NCUF) activated the online disaster relief system yesterday to raise money for credit union people along the East Coast affected by Hurricane Sandy.

In less than 24 hours, the NCUF has raised almost $25,000, including a $7,500 donation from the Northwest Credit Union Foundation (NWCUF).

Credit union supporters in every state can continue to make donations at CUAid is the only program of its kind 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.

“To help alleviate the devastating effects of this disaster, we encourage credit union leaders all across the country to use 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.”

Organizations and individuals can also use a variety of easily linkable CUAid web buttons to enable donations through their websites.

As donations are posted through, the NCUF will coordinate with the credit union leagues in the disaster area to distribute money efficiently to affected credit union employees and members. One hundred percent of funds donated through CUAid go to credit union disaster relief. In the event that all donations are not used for Hurricane Sandy relief, the NCUF will transfer unused funds to its General Disaster Relief fund for future disaster relief efforts.

CUAid was developed by NCUF in cooperation with state credit union foundations, state credit union leagues, and the Credit Union National Association’s (CUNA’s) Disaster Preparedness Committee in 2006.

Read more about credit unions affected by Hurricane Sandy:


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Posted in Around the NW.