Nearly $20k Raised to Assist CU People Affected by ND Flooding
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Madison, Wis. – Since activating its online disaster relief system CUAid.coop last week, the National Credit Union Foundation (NCUF) has already collected nearly $20,000 from the credit union community to assist credit union people affected by recent flooding in North Dakota.
“The flood waters in Minot are slowly receding, so the overall devastation is still unknown,” says Jeff Olson, VP of Advocacy and Awareness for the Credit Unions Association for the Dakotas. “The community’s water system was compromised so the entire community (population of 41,000) has had to resort to boiling their water the last two weeks. Some of the estimates have more than 4,100 residential homes lost or heavily damaged, including 3,000 homes under 10 feet of water. While we are humbled by the CUAid response so far, additional contributions are necessary and would be greatly appreciated. We are sincerely grateful for your kind consideration.”
Credit union supporters in every state can 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.
As donations are posted through CUAid.coop, NCUF is coordinating with the Credit Union Association of the Dakotas 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.
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 and 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.