CUAid update: More than $200k distributed to CU members affected by Colorado flooding
Friday, November 01, 2013
248 CU Members to Receive Funds Raised by NCUF
Madison, Wis. – Since activating its online disaster relief
system CUAid.coop a month ago, the National Credit Union Foundation (NCUF) has
distributed over $208,000 in grants to 248 credit union members in Colorado
affected by recent flooding. NCUF is working with the Mountain West Credit
Union Foundation and credit unions in the area to distribute the funds.
CUAid funds have been granted from NCUF to assist credit
union members as they rebuild their lives after the flooding. Even after they
recover what they can from insurance payouts, credit union members need
assistance rebuilding or relocating to a new home, replacing lost vehicles and
household items such as appliances, furniture, clothes, and more.
"I would like to thank all the credit union and individual
donors for their generous and ongoing response to the needs of Colorado credit
union staff and members,” said Dan Santangelo, Executive Director of the
Mountain West Credit Union Foundation. "This flood has taken a huge toll on the
lives of many and the relief provided is really making a difference for them.
The need is still strong and scores of folks still need assistance. I would
like to encourage our community to continue to donate so we can continue to
provide much-needed relief.”
here to make a donation
"The response by the credit union community to the call for
donations has been amazing,” said Gigi Hyland, NCUF Executive Director. "Credit
unions are supporting each other when they need it most, which is even more
evidence of the credit union difference.”
Contributions are still needed as more grant applications by
credit union members in Colorado are expected. Credit union supporters in every
state can still 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
100% of the donations through CUAid goes to credit union
disaster relief. In the event that all donations are not used for Colorado
Flooding relief, NCUF will transfer any and all unused funds to its
"General Disaster Relief fund" for future disaster relief efforts.
and individuals can use a variety of CUAid web buttons for their website.
here for the easily linkable buttons, including ones specific to the
current Colorado Flooding campaign. Click
here for a direct link to the donation form.