Louisiana League Provides $280,000 in Aid to 700 Credit Union Employees

The National Credit Union Foundation commits an additional $150,000 to help relief and recovery efforts.

Flooding in New Orleans after Hurricane Ida. (Source: Adobe Stock)

The Louisiana Credit Union League said its foundation has provided $280,000 in financial assistance to more than 700 credit union employees affected by Hurricane Ida.

What’s more, following an initial commitment of $100,000 from its CUAid disaster relief program, the National Credit Union Foundation said Monday it is providing an additional grant of $150,000 to support credit union employees and volunteers.

“While we have made enormous strides, there is still so much left to do,” the Louisiana league said in a prepared statement on Thursday. “As grant applications continue to come in, specifically (from) those who are just now able to return home and access damages, we encourage you to support the Louisiana Credit Union Foundation any way you can.”

To contribute to the hurricane relief fund, please visit the Louisiana Credit Union Foundation’s site.

As of Monday morning, more than 119,000 consumers were still without power, according to the Louisiana Public Service Commission.

More than one million homes and businesses lost power after the hurricane slammed into the state on Aug. 29, which caused catastrophic destruction to homes and businesses across southeast Louisiana and claimed 26 lives. Parts of Mississippi and Alabama were also affected by the hurricane that was later downgraded to a tropical storm.

As Louisiana continues its massive recovery efforts, Gov. John Bel Edwards on Sunday declared a state of emergency in advance of Tropical Storm Nicholas, which has formed in the Gulf of Mexico and is forecasted to bring heavy rains and flash flooding over the next several days, according to the National Weather Service.

“The most severe threat to Louisiana is in the Southwest portion of the state, where recovery from Hurricane Laura and the May flooding is ongoing. In this area heavy rain and flash flooding are possible,” Gov. Edwards said in a prepared statement. “However, it is also likely that all of South Louisiana will see heavy rain this week, including areas recently affected by Hurricane Ida. This tropical storm has the potential to disrupt some power restoration and recovery work currently underway.”