The $2.9 billion Coastal Federal Credit Union in Raleigh, N.C.contributed $300,000 Monday to the National Credit Union Foundationand the World Council of Credit Unions that will fund reliefefforts for credit union people affected by Hurricanes Irma andMaria and Tropical Storm Harvey.
While recovery efforts have been well under way in Texas andFlorida, the conditions in the Virgin Islands and Puerto Ricocontinue to be extraordinarily challenging. Coastal President/CEOChuck Purvis is asking other credit unions to give at the samelevel or more.
“If the 100 largest credit unions in the country stepped in toassist in the same way, we could put $30 million in aid into placeto help our credit union family in the U.S. and the Caribbean, thisweek,” he said.
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