X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

TALLAHASSEE, Fla. -Southeast Corporate estimates that its support for credit unions affected by Katrina has topped $150,000. The board approved a cash donation of $75,000 that is being directed by the Mississippi Credit Union League to assist credit unions and their families in need. “Charles Elliott and the Mississippi League are doing a great job leading the effort over there to help folks. What families need now is money to provide the necessities and help them get back on their feet,” said Southeast Corporate President & CEO Bill Birdwell. Southeast has also been matching donations that its employees have made to the relief effort. In addition the corporate has been working directly with the smaller number of its affected credit union members in Alabama and Louisiana to lend support. Southeast made direct grants to affected member credit unions in the Mobile, Ala. area and Louisiana. Earlier in the month Southeast drove a truckload of operational support items to Mississippi and then began to focus on assisting affected credit unions with their liquidity needs. The corporate has also waived all fees to these credit unions for the months of August and September and absorbed significant costs to make emergency cash available to these members.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?

 

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.