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NCUF Redeploying $200,000 for Disaster Relief

WASHINGTON -- Responding to natural disaster needs emerging from last month's Alabama tornadoes as well as this week's Midwest floods, the National Credit Union Foundation said Monday it has activated a new mechanism for speeding relief checks to victims--whatever the calamity--by releasing early on $200,000 in donations originally designated for...

By Jim Rubenstein | Updated on March 24, 2008

WASHINGTON — Responding to natural disaster needs emerging from last month’s Alabama tornadoes as well as this week’s Midwest floods, the National Credit Union Foundation said Monday it has activated a new mechanism for speeding relief checks to victims–whatever the calamity–by releasing early on $200,000 in donations originally designated for last fall’s California wildfires.

In e-mails sent last week, NCUF noted that major requests for financial aid from credit union victims of the October 2007 San Diego wildfires have now been fulfilled enabling the foundation to redirect the funds “to provide urgent relief to other disaster areas.”

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