New CU community formed to assist in times of disaster

In response to Hurricane Harvey, CUNA and the Cornerstone Credit Union League are launching an online community through which credit unions and system friends can connect and help each other when natural disasters strike. As Florida recovers from Hurricane Irma, this is especially pertinent to credit unions. Through the community, organizations nationwide can post available services and […]

In response to Hurricane Harvey, CUNA and the Cornerstone Credit Union League are launching an online community through which credit unions and system friends can connect and help each other when natural disasters strike. As Florida recovers from Hurricane Irma, this is especially pertinent to credit unions.
Through the community, organizations nationwide can post available services and resources, which will be matched to needs identified by affected credit unions. The community also includes a discussion board to share ideas, experiences, and stories.
“Credit unions are better together, as our collective efforts and financial support have shown in recent days,” said CUNA President/CEO Jim Nussle. “We are here to help bring needed resources to credit unions in Texas and Florida, and have a system in place to help other credit unions in the future.”
While the National Credit Union Foundation’s online disaster relief system, CUAid, has proven to be an effective source of financial support for credit unions in times of need — raising more than $1 million in less than a week after Hurricane Harvey–previous disasters have shown that affected credit unions also require more immediate logistic and tactical assistance, such as:

  • Mobile ATMs;
  • Mobile branch;
  • Generators;
  • Phones;
  • Laptops;
  • Onsite or remote operational assistance; and
  • Temporary relocation.
To get involved, credit unions can visit the community  and provide the details of their needs or available resources into a simple form or call 800-356-9655 for assistance. CUNA and the league will then match credit unions accordingly.
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The League of Southeastern Credit Unions & Affiliates represents 342 credit unions in Alabama, Florida and Georgia, with a combined total of $118.63 billion in assets and more than 10.1 million members. LSCU & Affiliates provides legislative and regulatory advocacy; education and training; cooperative initiatives (including financial education outreach); public messaging; information services; and business solutions.

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