Kentucky Credit Union Offers Storm-Relief Lending, Donation Matching

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.