PARADISE ISLAND, Bahamas–The Worldwide Foundation for Credit Unions has now surpassed its $100,000 goal for its Project Storm Break disaster relief fund following an event here.
After announcing earlier in the day during the World Council’s World CU Conference here that it was $60,000 toward its $100,000 goal, a Champions event fundraiser pushed the total amount raised to $107,000 after more than a dozen credit unions stepped up with support.
The goal of the fund is to provide disaster relief fund that affected credit unions can access in the immediate aftermath of a natural disaster.
“The forward-prepared fund will allow World Council to respond immediately when a natural disaster happens,” WOCCU said. “That response will include financial support, supplies and technical expertise to help credit unions in the impacted areas get back on their feet and help the communities they serve.”
‘Another Great Tool’
During the evening event at the conference, Worldwide Foundation Executive Director Mike Reuter and Manager of Dominica Cooperative Societies League Phoenix Belfield shared stories about the positive impact Champions made by donating to disaster relief efforts in Dominica, after Hurricane Irma ravaged the Caribbean-island nation in 2017.
“I cannot overstate how generous the Champions we honored tonight have been in demonstrating a commitment to ensuring that every member of the global credit union movement seeking prosperity can achieve it,” said Reuter. “We see Project Storm Break as another great tool our Champions can utilize to ensure members can still access credit union services during times of crises caused by hurricanes, earthquakes, floods and other natural disasters.”