Over $100k Raised for CU People Affected by Hurricane Sandy
The National Credit Union Foundation (NCUF) reported last week that it has already raised over $100,000 from the credit union community through CU Aid to assist credit union people along the East Coast affected by Hurricane Sandy.
"The devastation in New Jersey has impacted millions of people’s lives. We continue to deal with a gasoline shortage, lack of basic necessities for those who have lost their homes and many are still without power. With the temperature dropping and a Northeaster approaching later this week, we need resources to ensure basic needs are met for those most impacted,” said Paul Gentile, President/CEO of the New Jersey Credit Union League. “I have been touched by the outreach we have received from credit unions and credit union system organizations throughout the country. It is so valuable to have a fund like CU Aid available to concentrate fundraising efforts
“The damage from Hurricane Sandy continues to impact many New York credit unions, their employees and members. Countless remain without power, heat and other basic necessities, while some have completely lost their homes,” said William J. Mellin, President/CEO of the Credit Union Association of New York. “The need for financial assistance is great, which is why I am asking everyone to open your hearts and give whatever you can. To those that have already donated to help our credit union family, thank you!”
“In just seven days, we’ve raised over $100,000 with donations ranging from $10 to $10,000,” said Christopher Morris, NCUF Director of Communications. “It’s inspiring to see so many credit unions stepping up yet again to help those in need.”
Credit union supporters in every state can now make donations at www.cuaid.coop. 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 is coordinating with the New Jersey Credit Union League and the Credit Union Association of New York to distribute money efficiently to affected credit union employees and members. 100% of the donations through CUAid goes to credit union disaster relief. In the event that all donations are not used for Hurricane Sandy relief, NCUF will transfer any and all unused funds to its "General Disaster Relief fund" for future disaster relief efforts.