MADISON, Wis.– The National Credit Union Foundation said it has committed up to $250,000 from its CUAid program to support Puerto Rico-based credit union employees and volunteers who have been affected by Hurricane Fiona.
The grant will be made to the Inclusiv Network (Inclusiv), which will then manage individual donations to those affected by the hurricane, the NCUF said, adding the two organizations previously partnered to coordinate CUAid disaster relief in Puerto Rico following Hurricane Maria in 2017.
According to the Foundation, to date Inclusiv has identified 100 credit union employees and volunteers on the island whose homes, vehicles and personal property have been damaged, in some cases irreparably.
Media reports indicate up to 750,000 people remain without power.
‘Substantial Flood Damage’
In addition, several credit unions—or cooperativas—have reported substantial flood damage, reported Inclusiv, which has employees on the island.
The Foundation reminded that CUAid is a disaster relief fund, administered by the Foundation, that supports credit union employees and volunteers when catastrophe strikes.
“CUAid is the living embodiment of our people helping people philosophy,” André Parraway, the Foundation’s chief financial and operations officer, said in a statement. “When disaster strikes, the credit union movement responds.”
The Foundation noted that historically it would solicit donations prior to distributing dollars, but following a series of catastrophic events in 2017 CUAid was restructured to be able to provide immediate financial support.
‘Holistic Picture’
“We have been working around the clock to get a holistic picture of the need in Puerto Rico,” added Pablo DeFilippi, executive vice president of Inclusiv. “We know dozens of credit union employees have been impacted, and several credit unions received damages as a consequence of flooding. This CUAid grant will help those individuals, and the credit unions they work for, get back up and running. That’s an important first step in supporting the rest of the island through what will be a long, challenging recovery.”
For more info or to make a donation, go here.
The Very Best in CU Reporting. For You. For Free. Or Your Money Back.
Don’t forget to check your Spam/Junk email folder if you haven’t been receiving your free, popular and daily CUToday.info news headlines.
And if you haven’t yet signed up for the new email solution on which CUToday.info has partnered with ResponseGenius, you can do so here. Signing up requires less than one minute of your time.
CUToday.info has received very positive response from readers following the move to an improved provider of the daily headlines, but many also noted they did need to go to their Spam/Junk folder and mark it as safe.
The new email solution has not only improved every reader’s delivery experience, but it also features a fresh, new format that is easy to read, especially on mobile devices.
Please note and/or make your IT department or email administrator aware the emails will be coming from the domains CUTodayinfo.com and CUTodayinfoReply.com.