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News Now

CU System
iUSA Todayi CUs step up to aid Irene victims
MADISON (9/1/11)--Chartway FCU, Virginia Beach, Va., was recognized for its efforts in aiding Hurricane Irene victims in an article that appeared on the front page of the Money section of the USA Today’s Aug. 31 edition. The article explained that Chartway is advancing personal loans to members who need to stay in hotels and pay monthly bills until they receive insurance money. “Chartway is willing to let members affected by Hurricane Irene skip loan payments. It says its plans will evolve as it hears what members need,” the article adds. “Unlike most institutions, we will not go out and decide what they want and need,” Chartway President/CEO Ron Burniske said in the article. “We can turn a product around in 12 hours.” For more on credit unions’ efforts and the launch of CUAid, see News Now’s story, “CUAid activates Irene relief, CUs rally to help.”
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