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Madison, Wis. – The National Credit Union Foundation (NCUF) has now received over $110,000 in donations to help credit union people affected by the devastating storms across Alabama on April 27, 2011. In addition, over $75,000 has been raised from the credit union community for Joplin-area credit unions following last Sunday’s tornado. This is the first time that NCUF’s online disaster relief system CUAid (www.CUAid.coop) has been running two simultaneous fundraising campaigns.
“On the Road Back to Normalcy” in Alabama
The Southeastern Credit Union Foundation also recently announced it will match up to $100,000 of donations made to CUAid for further community reinvestment projects in the affected areas of Alabama.
“We can’t thank the credit union community enough for their generous giving in the wake of the tornadoes in Alabama,” said Southeastern Credit Union Foundation Executive Director Amber Tynan. “With the Southeastern Credit Union foundation’s $100,000 match, we have doubled the money that has come in and it’s making a difference. For many credit union staff, this money has given them a road back to normalcy. With the outbreak of tornadoes in Missouri and Oklahoma, we know that the needs of credit unions are great right now across the country. I know the credit unions in Alabama are thankful for the generosity of their peers.”
The Southeastern Credit Union Foundation (SECUF) has handed out more than $35,000 in grants to credit union staff affected by the tornadoes. The CUAid money and the SECUF match will help many more credit union staff that has applied for grants. The SECUF is also working with six Alabama Chapters on a Rebuilding Alabama initiative where the foundation matches the Chapter project request up to $10,000. Currently the SECUF is working with two chapters on projects.
Quick Response by CU Community Makes a Difference after Joplin, Mo. Tornado
Because of the quick response from the credit union community, the Missouri Credit Union Charitable Foundation was able to process and mail checks to affected members, employees and volunteers a short three days after the tornado.
“Your call was truly a blessing. I am so thankful that we are part of such a great association of credit unions,” says Cathy Stroud, president and CEO at Community Financial Credit Union in Springfield, Mo. “The amount collected is phenomenal. I was totally without words and it’s not often I am without words.”
CUAid Going Strong – Two Disaster Relief Campaigns Underway
In both cases, as donations are posted through CUAid.coop, NCUF is coordinating with the Southeastern Credit Union Foundation (SECUF) and the Missouri Credit Union Charitable Foundation to distribute money efficiently to credit union employees and members in the affected areas.
Credit union supporters in every state can make donations through the 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.
Organizations and individuals can use a variety of CUAid web buttons for their website to help in fundraising efforts. Please click here for the easily linkable buttons. Click here for a direct link to the donation form.
* The $75,000 raised for credit unions affected by the tornado around Joplin includes over $50,000 that NCUF has collected and pledges of over $27,000 made to the Missouri Credit Union Charitable Foundation.
About CUAid (cuaid.coop):
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 and 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.
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.