Texas foundation: Hundreds of CU employees in dire need
FARMERS BRANCH, Texas (9/29/08)--Texas Credit Union Foundation (TCUF) continues to receive an influx of grant applications from credit union employees who experienced losses as a result of Hurricane Ike.
As of late Thursday, TCUF has distributed 350 grants, totaling $168,449. To continue fulfilling these requests, TCUF desperately needs the continued support of the credit union community, said the foundation (LoneStar Leaguer Sept. 26).
"It is hard to imagine some of the stories we have received," said TCUF Executive Director Jill Pharr, who noted that "there are hundreds and hundreds of credit union employees who are in dire need of assistance."
"As more and more of these dedicated credit union employees catch their breath and realize the extent of personal loss they have suffered, they are turning to us for help," she said.
"We have had enormous response from the credit union community in Texas and across the country, but I don't think any of us realized the true extent of people's losses until the applications began pouring in, along with calls from credit union CEOs," Pharr added.
"Just as quickly as the grants go out, we hear stories and receive letters from the recipients who are overwhelmed at the expression of 'People Helping People,' through this disaster aid," said Pharr.
Requests dramatically increased last week. TCUF had to hold some grant applications until the pledged funds are received. "That delays our ability to meet these requests on a timely basis," said Pharr. "We know the credit union family will respond to these needs."
TCUF expected to receive funds Friday collected from the National Credit Union Foundation through its CUAid program, she said Thursday. The funds include a $25,000 grant from NCUF.
TCUF has posted a list of donors that is updated daily on its website, www.tcuf.coop.
Instructions for how to make a donation are included in the resource link.
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