The Credit Union Association of New York said more than $70,000 has now been raised by the New York Credit Union Foundation's disaster relief fund to help victims of Hurricane Sandy.

That total includes $25,000 donated by the CUANY's affiliate companies – CUC Mortgage Corp., Covera and Universal Sharing Network (UsNet) – and $10,000 from CUNA Mutual Group, the league said Tuesday.

The CUANY also raised nearly $1,400 at a lunch fundraiser on Friday for its staff and Alloya Corporate FCU and CUNA Mutual representatives. The CUANY and its staff have now donated nearly $6,000 to the fund, the league said.

The funds will be used to help New York credit unions and their employees, volunteer leaders and members who do not receive financial assistance from the CUAid, the National Credit Union Foundation's relief fund.

“Helping comes naturally to credit union people. That inclination is even stronger when you know that an individual you have served on a committee with, hiked the hill with or attended a credit union roundtable with is the one who needs your help,” said Vicki O'Neill, president/CEO of the $53 million ACMG FCU in Solvay, N.Y., and chairperson of the foundation's board of trustees.

“Occasions like this present us with the opportunity to remind ourselves of what it means to be part of a unique and meaningful movement,” O'Neill said.

Applications for assistance are being encouraged and are available online.

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.

Credit Union Management