News
League Designated Fund Sends Flood Aid to Louisiana — Asks For Credit Union Support — 8/17/16
Following devastating flooding in Louisiana which has directly affected 20 credit unions, the West Virginia League Designated Fund Committee has responded with a donation of $5,000 according to League President Ken Watts.
“We are mindful of the devastating impact that flooding can have on communities,” Watts stated as he recalled the June flooding in West Virginia. “With a desire to help our fellow credit unions in Louisiana, we thought it urgent to help those who are in great need.”
In addition, the National Credit Union Foundation (the Foundation) has activated the online disaster relief system CUAid.coop to raise money for credit union people in Louisiana affected by recent flooding.
Credit union supporters can make donations at 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.
“Louisiana has been severely affected by the recent floods in our state and could use your help,” said Connie Major, EVP/CFO of the Louisiana Credit Union League. “It’s been called the ‘great flood of 2016’ and it came so fast that many credit union people didn’t have enough time to even consider evacuating. Aside from the numerous members affected, we’ve heard from credit union CEOs and staff that have lost everything. We cannot determine the full impact just yet as people are still being airlifted from their homes via helicopters.”
As donations are posted through CUAid.coop, the National Credit Union Foundation will coordinate with the Louisiana Credit Union Foundation in the disaster area 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 Louisiana flooding relief, the National Credit Union Foundation will transfer any and all unused funds to its "General Disaster Relief fund" for future disaster relief efforts.
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The West Virginia League Designated Fund of The National Credit Union Foundation is a 501(c)(3) non-profit organization established to advancing credit unions’ social mission in West Virginia by supporting financial education, promoting charitable giving, and by providing disaster relief assistance.