Maine's Credit Unions Part Of Effort To Help Colorado Flooding Victims
Maine's credit unions, in cooperation with the National Credit Union Foundation (NCUF), have activated CUAid in Maine to help raise money for credit union people in Colorado affected by recent flooding.
Credit union supporters in Maine can make donations at www.cuaid.coop./maine. CUAid is the only program of its kind that enables credit union employees, volunteers, and members, as well as credit unions and credit union organizations across the U.S., to contribute directly to support other credit union people.
“Colorado has been severely affected by the recent Colorado floods,” said Dan Santangelo, Executive Director of the Mountain West Credit Union Foundation. “We, at the Mountain West Credit Union Association, initially didn’t think we were going to need much CUAid funding but after we started receiving inquiries we were able to see the need from credit union members who could use a helping hand. It is estimated that more than 10,000 credit union staff, volunteers, and members are in need of some type of assistance.”
"Maine credit unions have a long history of helping people in their own communities, across the state, across the country and the world. CUAid is an opportunity to help people in Colorado during a difficult time. We embrace this effort and look forward to making a difference," stated John Murphy, President of the Maine Credit Union League.
As donations are posted through CUAid.coop, NCUF will coordinate with the Mountain West Credit Union Foundation in the disaster area to distribute money efficiently to affected credit union employees and members. 100% of the donations through CUAid goes to credit union disaster relief. In the event that all donations are not used for Colorado Flooding relief, NCUF will transfer any and all unused funds to its "General Disaster Relief fund" for future disaster relief efforts.
CUAid was developed by NCUF in cooperation with state credit union foundations, state credit union leagues, and the Credit Union National Association’s Disaster Preparedness Committee in 2006.
CUAid was activated in Maine during the Saint John River Flooding in Aroostook County, and more than $25,000 was raised for victims in that area.