Credit unions continue to band together in the wake of Hurricane Sandy.
The National Credit Union Foundation said Friday that more than $65,000 has now been raised through CUAid to help credit union people affected by Hurricane Sandy along the East Coast.
- SANDY NEWS: Nov. 2, 2012 CO-OP Notes Shared Branching Effects
- SANDY NEWS: Nov. 2, 2012 NJ CUs Continue Slow Recovery
According to Christopher Morris, director of communications at NCUF, the foundation has been primarily working with the New Jersey Credit Union League on grant distribution.
"Credit unions, their staff and employees in the Northeast have been significantly affected by this disaster. Many of these are credit unions that have given to help rebuild other countries hit by disaster," said Brian Branch, president/CEO of WOCCU.
"As a global community committed to building up and helping one another, we encourage our global community to help NCUF support credit unions trying get to their members back on their feet," Branch said.
According to reports, Hurricane Sandy has killed at least 92 people in the United States, and millions have been left without power. Severe gas shortages have hampered cleanup efforts, flooding has reached historic levels, and many mass-transit routes remain closed in and around New York City.
"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," said Bucky Sebastian, executive director, NCUF.
The foundation said it will coordinate with credit union leagues in the disaster area to efficiently distribute money to affected credit union employees and members.