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CUs pass half-million mark in funds raised for Haiti
WASHINGTON and MADISON, Wis. (1/29/10)--Credit unions and other organizations in the movement have surpassed the half-million-dollar mark in their fund-raising for the Haiti Disaster Relief Fund for credit unions, staff and members affected by the Jan. 12 earthquake. "A wire from a Polish credit union and a $10,000 gift from Korea's national federation (National Credit Union Federation of Korea) just pushed us to a $500,431 grand total," said Valerie Breunig, executive director of the Worldwide Foundation for Credit Unions, the international charitable arm of the World Council of Credit Unions (WOCCU). "I would say it's an amazing response ... but the credit union movement consistently supports people and credit unions, especially during times of crisis," Breunig told News Now. The total includes $94,889 just in online donations from the U.S. credit union movement via the National Credit Union Foundation's (NCUF) CUAid disaster relief system, said Jill Stevenson, marketing and communications coordinator at NCUF. That doesn't include wire transfer information or checks, she said. The latest tally on those was not available by News Now's press deadline. Haiti has 175 credit unions serving 404,090 members. WOCCU has a staff there with its Haiti Integrated Financing for Value Chains and Enterprises (HIFIVE) program, a microfinancing project funded by the U.S. Agency for International Development. Staff are safe and will be moving into a new building next month. (See related story in News Now's System section, "Haiti staff: outdoor offices, remittances a struggle." To support WOCCU's relief efforts on behalf of Haiti's 175 credit unions and their 404,090 members, make payments via check, credit card or wire to: Worldwide Foundation for Credit Unions Inc., 5710 Mineral Point Road, Madison, WI 53705, USA. Donations also can be made online with a credit card at www.woccu.org/give. For wire transfer information, contact Valerie Breunig, Worldwide Foundation for Credit Unions at 608-395-2055 or via e-mail vbreunig@woccu.org. Please indicate the donation is designated for the Haiti Disaster Relief Fund. U.S. credit unions also can support WOCCU's relief efforts by donating through the NCUF at www.CUAID.coop. (See related story in News Now: "CUs pass half million mark in funds raised for Haiti").
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