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CUs across nation pledging support for Texas CUs
DALLAS (9/16/08)--Early status reports from some credit unions in Texas were beginning to arrive Monday, said the Texas Credit Union League, and credit unions from across the nation already were rallying to offer support. "Assessment of the damage in the communities hit by Hurricane Ike is underway," said Linda Webb-Manon, director of communications at the league. "It was a pretty massive hurricane, and 200 or so credit unions are located in the affected area. However, we don't know the extent of the damage to all of these credit unions at this point." "Many have experienced flooding and most have experienced power outages," she said. "But, again, it's too early to tell about the extent of the damage." The league is posting credit unions' status on its website. Monday afternoon the league said that some credit unions have substantial damage while others are operating via their business continuity plans. "I think all of us were glued to our televisions over the weekend, hoping upon hope that Hurricane Ike would spare us the devastation we experienced with Hurricanes Katrina and Rita. Unfortunately, it's pretty apparent that that is not the case," said league President/CEO Dick Ensweiler. "Hurricane Ike has left a trail of destruction, and President Bush has declared 29 Texas counties major disaster areas. Our hearts go out to the millions of displaced families, scattered in shelters across the state, and uncertain of what they will return to. "As disaster recovery efforts get underway, the credit union community too is positioning itself to respond to the needs of our credit unions, and of course their employees, in the affected area," Ensweiler said. He noted that the Texas Credit Union Foundation has activated its Disaster Relief Fund, and has also been activated." The National Credit Union Foundation (NCUF) announced Monday that credit unions were already pledging donations. "On the first business day after NCUF activated an appeal through CUAid, credit union organizations and individuals donated nearly $11,000," Steve Bosack, NCUF's deputy director, told News Now. "All donations through CUAid will be dedicated to Gulf Coast hurricane relief grants," he said. In addition to aid efforts by the Texas Credit Union Foundation and the National Credit Union Foundation, the league is matching credit unions with needs generated by the storm with credit unions in the state who are offering help. Credit unions affected by the hurricanes can list the items they need through filling out a form at on the league’s website. The items will appear on a chart at Credit unions offering resources can go to another page: on the league’s website and submit the items they’re offering.
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