Source: Adobe Stock.
After the devastating and deadly storms that rushed through Kentucky earlier this month, Abound Credit Union is stepping in to help victims throughout the state.
Radcliff, Ky.-based Abound CU ($2 billion in assets, 117,769 members) announced they will match donations made at its branches up to $5,000. Those donations must be completed by the end of the year.
According to a statement from the credit union, "All donations received by Dec. 31, 2021 will be split 50/50 between the Warren County Public Schools Synergy Relief Fund (operated by Warren County Public Schools) and the Caring for Kids Tornado Relief Drive (operated by Taylor County Schools)."
The credit union also announced it is offering two storm-related loan options for victims. Those people impacted by the storms can apply online, by phone or visit any Abound CU branch for personal loans of up to $25,000, or receive personal lines of credit up to $15,000.
"As many Kentuckians navigate the hardships due to recent tornadoes in Kentucky, we are here to help," said Ray Springsteen, president/CEO of Abound CU. "Our loan experts are caring people who have the flexibility to work through unique situations based on individual needs. Our team members are also part of the local communities we serve, so understand what many of our neighbors are going through right now."
Abound CU is asking the public for donations. Donation options can be found on Abound CU's website.
Abound CU stated it is also helping members impacted by the storms with existing loan payment deferrals.
© 2025 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.
Michael Ogden
Editor-in-Chief at CU Times. To connect, email at [email protected]. As Editor-in-Chief of CU Times since 2016, Michael Ogden has led the editorial team in all aspects of content strategy and execution, including the creation of the publication’s exclusive and proprietary research database of the credit union industry’s economic landscape. Under Michael’s leadership, CU Times has successfully shifted to an all-digital editorial product with new focuses on the payments, fraud, lending and regulatory beats. Most recently, he introduced a data-focused editorial product for subscribers that breaks down credit union issues into hard data, allowing for a deeper and more factual narrative for readers. In 2024, he launched the "Shared Accounts With CU Times" podcast, which offers a fresh, inside-the-newsroom perspective through interviews with leaders from the credit union industry and the regulatory world. He dives into pressing credit union issues, while revealing the personalities working behind-the-scenes to push the credit union world forward. His background includes years as a radio and TV anchor/reporter and a public relations and digital/social media manager, where he covered the food and music industries, as well as cooperatives and credit unions. Over the years, he has launched numerous exclusive video and podcast series, including a successful series of interactive backstage interviews with musicians at music festivals, showcasing his social media and live streaming production skills.
