Though more than $260,000 has been distributed to credit union employees, volunteers and members affected by Hurricane Sandy, the National Credit Union Foundation is asking the credit union community for additional monetary support for numerous unfunded applications.
NCUF has raised and distributed over $260,000 to credit union employees, volunteers, and members, but there are still numerous applications for assistance remaining among victims of the late October super storm, the NCUF said.
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“It’s not typical for NCUF to continue to fund raise this long after disaster strikes, but it’s also rare for us to have so many credit union people that can still benefit from assistance,” said Tom Candell, the foundation’s deputy executive director. “We’d like to help as many people as possible get back on their feet, so any and all additional support is appreciated.”
To date, $121,000 in CUAid funds have been distributed in aid to 94 credit union employees, volunteers, and members in New York, while $141,000 has been disbursed to 161 credit union people in New Jersey.
“There are still so many people suffering losses caused by Hurricane Sandy that need our help,” said William J. Mellin, president/CEO of the Credit Union Association of New York. “Many will spend their holidays in temporary shelters and often separated from their loved ones. Please join me in continued support of this vital cause. In addition, my gratitude goes to all those that have already given to CUAid.”
Paul Gentile, president/CEO of the New Jersey Credit Union League, said people who have received CUAid are deeply grateful because the funds are helping them get through a very difficult time.
“We are touched by the tremendous support we continue to get from credit unions and system players throughout the country,” Gentile said. “There is still so much more work to do here on the ground, so I can't say enough how vital the ongoing CU Aid contributions are in helping us change people's lives.”
Credit union supporters in every state can make donations at www.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.
NCUF has been coordinating with the New Jersey Credit Union League and the Credit Union Association of New York to distribute money efficiently to affected credit union employees and members. All 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 any and all unused funds to its "General Disaster Relief fund" for future disaster relief efforts.