Ascend Federal Credit Union donates $20,000 to Middle Tennessee flood relief, sets up website where others can contribute
Ascend also offering special financial assistance to affected families and businesses
TULLAHOMA, TN (August 31, 2021) — Ascend Federal Credit Union has donated $20,000 to support flood relief efforts in Middle Tennessee. The credit union has also set up a website for others in the community to contribute, ascend.org/flood-relief. Now through Sept. 15, all donations will support the Tennessee Region of the American Red Cross.
“We are saddened by the devastation in our region and express our deepest sympathy to the families of those who lost their lives. We urge our fellow Middle Tennesseans to join us in helping those who lost so much during the recent flood, which damaged more than 500 homes and completely destroyed many,” said Caren Gabriel, president and CEO of Ascend Federal Credit Union. “We want to be sure they all receive the support necessary to bring hope back to these communities as they recover and rebuild.”
For community members directly affected, Ascend is also offering the following assistance in Dickson, Hickman, Houston and Humphreys Counties:
- Personal and business loan payment assistance – Loan extensions available at no charge.
- No fees for cashing federal assistance or disaster-related insurance checks.
- One penalty-free withdrawal on a share certificate.
To find out more, visit any Ascend branch and speak with a financial services officer, visit ascend.org/flood-relief or call 800-342-3086.
The U.S. Small Business Administration has also opened a Business Recovery Center at Waverly City Hall. They are offering physical disaster loans to businesses of all sizes, nonprofit organizations, homeowners and renters in Dickson, Hickman, Houston and Humphreys Counties.
Those interested in volunteering should call 931-888-8011 or 931-888-8012 or go to the Dollar Tree Parking lot located at 505 W. Main Street in Waverly where response agencies are located.
About Ascend Federal Credit Union
With more than 238,000 members and more than $4.3 billion in assets, Ascend Federal Credit Union is the largest credit union in Middle Tennessee and one of the largest federally chartered credit unions in the United States. Based in Tullahoma, Tenn., the member-owned financial institution offers banking, loan, retirement and investment services from its 28 branches, more than 55,000 free ATMs worldwide, digital banking portal, and mobile app. The credit union’s mission is to serve by offering financial literacy education and giving back to its community in a variety of ways. Ascend is federally insured by the National Credit Union Administration. For more information, visit ascend.org.
