Redstone Federal Credit Union's financial relief to victims of the April 27 tornadoes which ravaged north Alabama is nearing $100,000.

The totals include funds directed to the League of Southeastern Credit Unions Foundation as well as recent contributions of $56,487 to the American Red Cross and $15,889 to the Salvation Army.

Funds were solicited from members through online donations or branch visits with Redstone making corporate contributions to the agencies as well.

“You can say we've tried to step up to the plate in a major way to help those who suffered so much because of the tragedy,” Joyce Dye, senior vice president-communications of the $3 billion Huntsville CU, said Tuesday.

The president/CEO of Redstone, Joseph H. Newberry, said although the CU has always responded to natural disasters, “the April 27 tornadoes really hit home with its members.”

“Over the years, whenever there has been a need, we have seen our members and the community as a whole generously reach into their pockets and give from their hearts,” Newberry said.

“By establishing accounts for both the American Red Cross and the Salvation Army, and matching the funds donated to those accounts up to $25,000, the credit union certainly answered the call of these incredible organizations,” he said.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.