JetStream FCU improving Puerto Ricans’ lives

One credit union is making a big difference in the lives of several Puerto Rican residents who have fled the island in the wake of Hurricane Maria.

And one of the biggest ways the credit union is helping is giving these new mainland residents a way to get back and forth to their new jobs.

JetStream FCU is allowing Puerto Rican residents migrating to the continental U.S. to ship the vehicles they own but on which they still owe money. It’s a big assist, says JetStream CEO Jeanne Kucey, who explained that JetStream may be one of only a few financial institutions with a presence on the island permitting residents to bring their financed cars with them.

As CUToday.info reported, a massive exodus of residents is underway in Puerto Rico following the devastation from Maria, which has further damaged an already troubled economy and likely the future of some credit unions here. (CUToday.infohas also reported here on steps mainland CUs can take to help Puerto Rico’s financial co-ops.)

 

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