Michigan CUs ante up nearly $600,000 in hurricane relief
NORTHVILLE TOWNSHIP, Mich. (1/18/06)--Michigan credit unions have collectively donated nearly $600,000 to benefit the victims of the 2005 hurricanes, reported the Michigan Credit Union League (MCUL).
The league kept a running tally of donations since early September when the industry-wide effort began. Approximately $425,000 of the aggregate amount was donated to relief organizations, and an additional $161,000 was contributed to the Michigan Credit Union Foundation's Hurricane Relief Fund, created in cooperation with MCUL.
From the Hurricane Relief Fund, the Michigan foundation committed $76,000 to the American Red Cross and nearly $86,000 to the National Credit Union Foundation (NCUF) for credit union rebuilding.
Among the state's top fundraisers are State Employees CU, Lansing, which contributed more than $120,000 to the Red Cross and the NCUF; and LOC FCU, Farmington, which raised more than $50,000 for the Red Cross.
In addition to monetary donations, credit unions reached out in other unique ways, donating clothing and other disaster-relief provisions, conducting blood drives, and working with local church and government organizations to help displaced victims find housing in Michigan.
Kellogg Community FCU, Battle Creek, even lent its mobile credit union branch and ATM to Gulf Coast Community FCU in Gulfport, Miss., after Hurricane Katrina destroyed two of Gulf Coast Community's three branches.
"Credit unions exist to serve their members, but they also understand and demonstrate a commitment to their social mission of strengthening neighborhoods and communities in the U.S. and throughout the world," said David Adams, president and CEO for MCUL.
More CU/System
News Now LiveWire
- Iowa Gov. Terry Branstad credited Dupaco Community CU for its role in helping an Iowa small business grow and create jobs. - 2 hours ago
- Iowa Gov. Terry Branstad visits Dupaco Community CU, notes CU's role in helping small bizzes grow & creating jobs in state. - 3 hours ago
- Gunman killed Friday in shootout w/ police outside PBC CU, West Palm Beach, Fla., I.D.'d as Christopher Brown, 18. No one hurt inside CU. - 3 hours ago
- In Wash Post article on ?end of Fannie and Freddie,? CUNA?s Hampel says CUNA, CUs are working on contingency plans. http://t.co/bzmi57mY - 4 hours ago
- John Bell, an employee of NC Community FCU, has announced his candidacy for the NC House of Representatives. - 3 days ago
- See all our Tweets and sign up; News Now LiveWire on Twitter
