DULUTH, Ga. — Georgia credit unions have come together to raise more than $34,000 to help those Iowa credit unions affected by the recent summer floods.
The Georgia Credit Union Foundation said it contributed $5,000 and more than $29,000 came from the state's credit unions.
The Iowa Credit Union Foundation will disburse 100% of the monies to credit unions and members throughout Iowa, GCUF said. Floods in May and June caused an estimated $10 billion in damage, left 13 dead, 65,000 injured and displaced hundreds of people.
Recommended For You
According to the Iowa Credit Union League, the contribution by Georgia credit unions is among the top five in the nation among the credit union movement, GCUF said. The funds will help fulfill the Iowa League's more than 2,100 requests for assistance, of which 800 have been met thus far.
"The floods in Iowa and other parts of the Midwest have unfortunately touched the lives of many of our friends and colleagues in the credit union movement," said Dan Denning, vice president credit union development, Georgia Credit Union Affiliates. "We are very proud of the dedication and determination that Georgia credit unions have demonstrated in their fundraising efforts for the victims. We can always count on our credit unions to step up and offer financial support in times of need."
Pat Jury, president/CEO of the Iowa League, was overwhelmed by Georgia's donations.
"I doubt I could ever thank you enough for this generosity. The folks we are working with have lost most everything," Jury said. We'll make sure the money is put in the hands of the credit union members who need it most."
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.
