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 in every state can make donations at the website. 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 folks.
“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. One hundred percent of the donations through CUAid go 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 all unused funds to its “General Disaster Relief fund” for future disaster relief efforts.