Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Centra CU assists in wake of South Indiana tornadoes
COLUMBUS, Ind. (3/8/12)--Centra CU, Columbus, Ind., has put in place several initiatives to help victims of tornadoes that struck Indiana Friday.

Christi Lee, left, and Amber Vogt are among Centra CU employees who took paid time off to volunteer for the Salvation Army to help victims of the tornadoes that struck Indiana last weekend. Centra CU, Columbus, Ind., is offering aid to tornado victims through emergency loans and donations. (Photo provided by Centra CU)
The credit union is offering a tornado-relief loan designed as an emergency fund for members who have sustained tornado damage. The loan is $1,000 unsecured with no payments for six months. It is offered at 6% annual-percentage rate  (APR) for six months; 7% APR for 24 months; and 8% APR  for 36 months. Members also can apply for additional funds.

Centra CU has established accounts for members to make donations to the American Red Cross or Salvation Army, two of the primary organizations providing disaster assistance in southern Indiana.

The credit union is working with the Clark County Rural Electric Membership Corp. to set up an account for rural cooperatives to aid the tornado relief efforts.

Centra is providing employees paid time off to volunteer for the Salvation Army.

At least 42 tornadoes swept across 10 states on Friday, the National Weather Service said.
Other Resources

RSS print
News Now LiveWire
July 's Fed Bank's "FedFocus" has some interesting articles: incl cost/benefits of $1 currency 2 coin conversion ttp://tinyurl.com/nybmnhh
16 hours ago
Do you wish you were a News Now subscriber? Go here: http://t.co/7evfBSjeMx
16 hours ago
Financial education for student body key part of Altura #creditunion, UC-Riverside partnership #NewsNow http://t.co/Xp6OJd66o6
17 hours ago
.@VTcreditunions gains 200 new FB followers in just 2 wks to reach 1,000 http://t.co/I89xJcv4Jg
18 hours ago
.@CUNA is testifying on reg relief Tues,July 15 at 2 p.m. be4 Hs Fin Serv Subc. Here is the agenda and witness list: http://t.co/yBRhlmdqHt
20 hours ago