Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Nearly 20K raised for CU people in N.D. flood
MADISON, Wis. (7/11/11)--Since activating its online disaster relief system, CUAid.coop, last week, the National Credit Union Foundation (NCUF) has collected nearly $20,000 from the credit union community to assist people affected by recent flooding in North Dakota. “The flood waters in Minot are slowly receding, so the overall devastation is still unknown,” says Jeff Olson, vice president of advocacy and awareness for the Credit Union Association of the Dakotas. “The community’s water system was compromised, so the entire community (population of 41,000) has had to resort to boiling water the last two weeks. Some of the estimates have more than 4,100 residential homes lost or heavily damaged, including 3,000 homes under 10 feet of water. While we are humbled by the CUAid response so far, additional contributions are necessary and would be greatly appreciated,” Olson added. “We are sincerely grateful for your kind consideration,” he told credit unions. Credit union supporters can make donations through a secured website that accepts credit cards and wire transfers. CUAid is the only program of its kind that enables credit union employees, volunteers and members and credit unions and state credit union foundations across the U.S. to contribute directly to support other credit union people. As donations are posted, NCUF is coordinating with the Credit Union Association of the Dakotas to distribute money to credit union employees and members in the affected areas. CUAid was developed by NCUF in cooperation with state credit union foundations, state credit union leagues, and the Credit Union National Association’s Disaster Preparedness Committee in 2006. The secure online tool links the entire credit union system to raise money for disaster relief.
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
8 hours ago
Do you wish you were a News Now subscriber? Go here: http://t.co/7evfBSjeMx
8 hours ago
Financial education for student body key part of Altura #creditunion, UC-Riverside partnership #NewsNow http://t.co/Xp6OJd66o6
9 hours ago
.@VTcreditunions gains 200 new FB followers in just 2 wks to reach 1,000 http://t.co/I89xJcv4Jg
9 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
12 hours ago