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CUAid tornado donations top 110K in South 75K for Mo.
MADISON, Wis. (5/31/11)--The National Credit Union Foundation (NCUF) has received more than $110,000 in donations to help credit union people affected by the devastating storms throughout Alabama on April 27. Also, more than $75,000 has been raised from the credit union community for Joplin, Mo.-area credit unions since the May 22 tornado. The Southeastern Credit Union Foundation (SECUF) said 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 SECUF Executive Director Amber Tynan. “With SECUF’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.” 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 who have applied for grants. The foundation also is working with six Alabama chapters on a Rebuilding Alabama initiative where the foundation matches the chapter project request up to $10,000. Currently SECUF is working with two chapters on projects. In Missouri, because of the quick response from the credit union community, the Missouri Credit Union Charitable Foundation processed and mailed checks to affected members, employees and volunteers within three days after the tornado. “Your call was truly a blessing,” said Cathy Stroud, president/CEO at Community Financial CU in Springfield, Mo. “I am so thankful that we are part of such a great association of credit unions. The amount collected is phenomenal. I was totally without words and it’s not often I am without words.” In both cases, as donations are posted through CUAid.coop, NCUF is coordinating with SECUF and the Missouri Credit Union Charitable Foundation to efficiently distribute money to credit union employees and members in the affected areas. To make a donation, use the link.
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