Foundation collaborates on state level response to disasters
The National Credit Union Foundation has been working closely with state credit union foundations and leagues, specifically with the California and Nevada Credit Union Leagues, Louisiana Credit Union League, and the Cornerstone Credit Union Foundation to evaluate the disaster relief needs of credit union employees and volunteers In response to the California Wildfires and Hurricane Laura.
One of the three pillars of the Foundation’s work is responding and providing aid in the wake of a natural disaster. Due to the significant damage of the wildfires and Hurricane Laura, the Foundation has been connecting with the states affected to gain an understanding of their individual needs and has made available funds from the Foundation’s disaster relief fund.
“We are working closely with the leagues and foundation’s aforementioned to ensure that the immediate needs of credit union employees and volunteers impacted by these disasters are being met,” said Hannibal L. Brumskine, CFOO at the Foundation. “From our conversations, California and Louisiana have the greatest need for financial assistance and we are able to meet that need through cash reserves currently held in the Foundation’s disaster relief fund. We are working with the leagues and state foundations to get credit union employees back on their feet so they can continue serving members when they need it most.”
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