MADISON, Wis. — The World Council of Credit Unions has begun collecting money on behalf of Peruvian credit unions and their members who have been damaged by a large coastal earthquake. The 7.9 magnitude quake struck the southwest coast of the South American country on August 15.
Manual Rabines, WOCCU Second Vice Chairman and CEO of the National Credit Union Association of Peru (FENACREP), announced that FENACREP is leading relief efforts for credit union members, distributing food and blankets, and will assist with rebuilding credit unions damaged by the quake.
Authorities say hundreds of victims from Wednesday night's 7.9-magnitude quake are still trapped or stranded in coastal cities. Roads destroyed by the quake have hampered rescue efforts. Many buildings collapsed or suffered structural damage, including hospitals now overrun with victims in need of treatment.
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:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
