CUAid Activated for Credit Unions Affected by Hurricane Irene

Posted by Marissa Anema Wednesday, August 31, 2011 10:36:00 AM

MADISON, Wis. - 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.

A look at the extreme flooding in downtown Hightstown, New Jersey, near the League office, after Hurricane Irene. Many areas, from North Carolina to New England, are struggling with the after effects of the storm.
 

"New Jersey has been crippled by Hurricane Irene," said Paul Gentile, President/CEO of the New Jersey Credit Union League. "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."

Credit union supporters in every state can now make donations through the secured CUAid Web site that accepts credit cards and wire transfers. 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.

As donations are posted through CUAid.coop, NCUF will coordinate with the credit union leagues in the disaster areas to distribute money efficiently to affected credit union employees and members.

"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."

"We are fortunate that we have an established program like CUAid through the National CU Foundation," added Gentile. "I urge all credit unions to support this fund so we can continue to help in this and future events."

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