ONTARIO, Calif.–The California and Nevada Credit Union Leagues has pledged $100,000 toward Ukrainian financial relief efforts to help sustain credit union employees and members “who are most in need as the current crisis unravels across that country.”
“From thousands of miles away we stand with our movement and remain committed to supporting Ukraine’s humanitarian plight as local credit unions, staff and members are besieged by a lack of food, water, housing, and other supplies and operational resources,” said Diana Dykstra, president and CEO of the Leagues, in a statement. “Our trade association’s daily mission to help credit unions change people’s lives is emboldened during times like these, no matter where the devastation is taking place and help is needed.”
The leagues said the contribution to the Ukrainian Credit Union Displacement Fund will directly support mitigation of both short and long-term impacts to Ukraine's credit union system, including displaced credit union employees, members, and challenges to the country's credit union system over the long term. The California Credit Union League pledged $75,000 and the Nevada Credit Union League pledged $25,000.
‘Admirable Purpose’
In a statement, SAFE CU CEO Dave Roughton and Clark County CU CEO Matt Kershaw, respective chairmen of the California Credit Union League and Nevada Credit Union League, said their boards are “honored to participate in such an admirable purpose. They both noted that Ukrainian credit unions and members are enduring a painful and unfortunate period in history, and how credit union leaders will always band together to go above and beyond in assisting their colleagues and peers wherever possible during times of affliction and misfortune.”
As CUToday.info has reported, the displacement fund was recently created by the Worldwide Foundation for Credit Unions (WFCU) in partnership with the World Council of Credit Unions (WOCCU) to send support to Ukraine's credit union system.
In addition, the leagues noted multiple California and Nevada credit unions are stepping up to donate to the fund, including California CU, Greater Nevada CU, Patelco CU, SchoolsFirst FCU, SESLOC FCU, Stanford FCU and Yolo FCU (with several others in both states considering doing so).
CUToday.info also recently profiled what two American CU reps have found after traveling to Poland, offering their update from just 60 miles from the Ukraine border. That story can be found here.
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