NCUF Activates CUAid for CUs Affected by Tornado in Missouri

Posted: 2011-05-23 00:00:00


FOR IMMEDIATE RELEASE
May 23, 2011

Contact:
Christopher Morris
608-231-4374 | cmorris@ncuf.coop

Madison, Wis. – The National Credit Union Foundation (NCUF) has activated the online disaster relief system CUAid.coop to raise money for credit union people affected by the tornado around Joplin, Mo. on Sunday.

“It’s heartbreaking to see such devastation,” says Mike Beall, President/CEO of the Missouri Credit Union Association. “With nearly 40,000 members in the area represented by these four credit unions, we know the need for support from the movement will be great. I urge everyone to give what they can to CUAid to help credit unions do what they do best – be there in times of need for their members.”

Click here to make a donation 

Credit union supporters in every state can now make donations through a secured website that accepts credit cards and wire transfers (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 state credit union foundations across the US, to contribute directly to support other credit union people.

“We urge credit union employees, volunteers, and members to use cuaid.coop as a donation channel to help credit union people in need,” said NCUF Executive Director Bucky Sebastian.

As donations are posted through CUAid.coop, NCUF will coordinate with the Missouri Credit Union Charitable Foundation to distribute money efficiently to credit union employees and members in the affected areas.

CUAid was developed by NCUF in cooperation with state credit union foundations, state credit union leagues, and the Credit Union National Association’s Disaster Preparedness Committee in 2006.

The secure online tool links the entire credit union system to raise money for disaster relief, most recently raising almost $75,000 for the tornadoes in the Southern part of the country last month.

Organizations and individuals can use a variety of CUAid web buttons for their website. Please click here for the easily linkable buttons. Click here for a direct link to the donation form.

###

About the National Credit Union Foundation (ncuf.coop):

The National Credit Union Foundation is the US credit union movement’s primary national philanthropic program provider, fundraiser and grant-maker. Through NCUF grants and programs, credit unions provide widespread financial education, create greater access to affordable financial services, and empower more consumers to save, build assets, and own homes.

NCUF is funded primarily by investments in the award-winning Community Investment Fund (CIF) and by generous Supporters led by the Credit Union National Association and CUNA Mutual.  All NCUF donors provide support that empowers NCUF and state credit union foundations to make a real impact in the credit union community.

The National Credit Union Foundation is a 501(c)(3) tax-exempt charitable organization. NCUF continues to earn the Better Business Bureau seal of approval as an “Accredited Charity” for meeting all 20 BBB Wise Giving Alliance Standards for national charities.

 

 
Comments (14)
Posted:2012-05-12 00:50:09
By:Makendra
Bad credit history = high interest fees.That’s the way it is. The worse your credit history, the bigger risk you are of not repaying your loan so the more they charge to assume that risk.Nobody will look at your situation differently. Banks almost always charge lower interest rates than finance companies, so you probably have the best rate right now that you can get.

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Posted:2012-04-29 04:00:10
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Posted:2012-04-28 00:51:25
By:Sandy
see if they have a finance company in your area. You may have to pay a high interest rate 25% or more until you get it paid off. If you have no late payments this could turn your credit around. Do not send the $ 700.00 to international trust! Try to stay with a reputable company that is located near your town and one that has been in business.If all else fails, get a second part-time job- or sell your stuff you no longer need on eBay-do not ship items until you get the money for it. Then make sure you send item within 5 days.You can also have a garage / bake sale.

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Posted:2012-04-25 09:31:25
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Posted:2012-04-25 02:32:49
By:Prudy
Shifting your existing debt to another loan isn’t the answer. With a bad credit history, you are going to be the target of every loan scam — not just high interest but up front fees.Take a close look at your spending habits and figure out how to cut expenses and increase income. Get a second job — pizza delivery seems to be pretty flexible. Make a strict budget. Elimnate the extras — cell phone, eating out, new clothes, premium cable and internet. Squeeze every penny out of that budget and slap it on your highest interest debt, while paying minimum on the rest. When the highest interest rate debt is paid, move to the next till they are all paid off.It will take 2 or 3 years but you will building a good credit history and won’t have to resort to high interest consolidation loans.

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Posted:2012-04-11 21:23:44
By:Sondi
When you say it’s too low to refinance, I assume you are referring to your credit score, and not your liquor supply.The whole purpose of credit scoring is to allow banks etc. to decide on who is or is not a good credit risk. If your score is too low, then I assume there is a reason for that.And if I’m right to this point, then inability to refinance is the consequence of poor credit.You may be placing the cart before the horse. Improving credit score is likely your best choice… which means you may not be eligible for loans until you put in some better performance. Most lending agencies will avoid lending to poor credit risks, based on past performance. Where loans are available, generally it’s at a much higher rate of interest… and that’s no fun.I hope I answered the question you asked. If it was actually a different question, then for 10 points, my answer to that would be … definitely maybe depending on your horoscope and caloric intake.

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Posted:2012-04-06 02:05:30
By:Louise
In addition to what others have said, “high interest rates” on relatively small loans with a relatively short repayment period (such as car loans) don’t make nearly as much difference as on large ticket items with a long repayment period (such as a mortgage).For example, if you owe $10,000 on your car with an interest rate of 8% and 3 years to repay, you will be paying about $313/month. If you owe the same amount, same repayment period, with an interest rate of half that, i.e., 4% you will be paying just over $295/month. Your “savings” from the “better” interest rate is just a little over $0.50 cents per day. There are a lot easier ways to save $0.50 cents per day than by trying to refinance your vehicle when your credit score won’t support a refinance. For example, drink tap water for one beverage per day rather than drinking coffee, tea, soda pop, or juice. That will save you more money than would refinancing the hypothetical vehicle in this example.

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Posted:2012-04-05 02:24:49
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Posted:2012-04-03 21:43:15
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you can try prosper.com>Beware of Advance fee Loan scams.LOAN SCAM Do Not Pay UpFront Fees.Do not send money UpFront via Western Union or MoneyGram to any prseon or business in the UK, Nigeria or Canada in hopes of getting a loan. If you do you will learn a hard lesson never see any Loan money.
Posted:2012-02-29 21:42:13
By:enidebranl
1.What types of things did the first website ask you to do?The website tells us to read a reversed paragraph in 60 seconds.2.On a scale of 1- 10 how successful were you in completing the tasks? 73.What made completing the task difficult?The letters were reversed, but I made out the words little by little.4.What could the web designer have done to make the site more accessible to you?They made it helpful by informing me of the reversed speech.1.What types of things did the first website ask you to do?It asked me to multi-task.2.On a scale of 1- 10 how successful were you in completing the tasks? 73.What made completing the task difficult?Doing two things at the same time.4.What could the web designer have done to make the site more accessible to you?They could have made it less difficult.

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Posted:2012-02-17 21:56:12
By:r0b3r71mai
You folks casually and habitually use a crude sexual insult designed to sexually degrade and humiliate people As a bleeding-heart liberal, my heart bleeds for you.

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