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News Now

CU System
NYCUFs disaster fund total at 70K
ALBANY, N.Y. (11/14/12)--
At a fundraising lunch Friday for Hurricane Sandy victims were, from left: William J. Mellin, Credit Union Association of New York president/CEO; Lori M. Valentini, CUNA Mutual Group sales executive; Edward Kovalefsky, CUC Mortgage Corp. chief operating officer; and Marc Inger, UsNet chief operating officer.
New pledges have brought the total amount of funds raised to $70,000 for the New York Credit Union Foundation's statewide Disaster Relief Fund to benefit Hurricane Sandy victims in the state.

The Credit Union Association of New York's (CUANY) affiliate companies, CUC Mortgage Corp., Covera and Universal Sharing Network (UsNet), pledged a total of $25,000. CUNA Mutual Group is contributing $10,000, said CUANY's press release.

The funds create a pool of much-needed funds for New York credit unions, credit union employees and volunteer leaders, and members impacted by Hurricane Sandy, which ripped through the East Coast on Oct. 29 and 30.

"Helping comes naturally to credit union people. That inclination is even stronger when you know that an individual you have served on a committee with, hiked the Hill with or attended a credit union roundtable with is the one who needs your help," said Vicki O'Neill, president/CEO of ACMG FCU, Syracuse, and chairperson of the foundation's board of trustees.

"Occasions like this present us with the opportunity to remind ourselves of what it means to be part of a unique and meaningful movement," she said.

Credit Union Association of New York and Alloya Corporate FCU staff at a fundraising lunch  raised nearly $1,400 for the New York Credit Union Foundation's Disaster Relief Fund for Hurricane Sandy victims. (Photos provided by the Credit Union Association of New York)
CUANY hosted a lunch fundraiser last Friday for its staff and staff from Alloya Corporate FCU, raising nearly $1,400 for the fund. CUNA Mutual Group was also represented there.

CUANY has matched all funds donated by association staff through last Friday, including the lunch. Total funds raised by the association and staff reached nearly $6,000.

"Hurricane Sandy has created numerous challenges for impacted credit unions, including financial hardship among their staff and their members," said CUANY President/CEO William J. Mellin. "As credit unions work to address these changes, the association is committed to providing as much support as possible."

All donations to the fund will be used to help impacted New York credit unions and their employees, volunteer leaders and members who do not receive financial assistance from CUAid, the disaster relief system headed by the National Credit Union Foundation.

See related News Now story: "CUAid donations tally at $175 for Sandy victims, says NCUF."
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