The National Credit Union Foundation has activated CUAID.coop, its online, credit union-specific disaster relief system to help the victims of Hurricane Sandy.
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, the NCUF said.
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“To help alleviate the devastating effects of this disaster, 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,” Sebastian said.
As donations are posted through CUAid.coop, NCUF will coordinate with the credit union leagues in the disaster area to distribute money efficiently to affected credit union employees and members. The organization added that 100% of the donations through CUAid go to credit union disaster relief.
In the event that all donations are not used for Hurricane Sandy relief, NCUF will transfer those unused funds to its general disaster relief fund" for future disaster relief efforts.