...through National Credit Union Foundation’s CUAid Initiative
Donations go to credit union employees and volunteers affected by wildfires
MADISON, Wis.—Worldwide Foundation for Credit Unions (WFCU) is supporting credit union communities in Maui, Hawai’i through CUAid, the National Credit Union Foundation's (USA) disaster relief grant program. CUAid is providing relief to credit union employees, volunteers and communities after devastating wildfires tore through Maui on August 8.
Several wildfires broke out on the island late that evening, one of which destroyed the historic town of Lahaina, Hawai’i and claimed more than 100 lives as of August 16. Over 2,000 buildings have been damaged or destroyed, the majority of which were residential. The Hawai’i Credit Union League (HCUL) is currently assessing the impact the fire had on Maui’s twelve credit unions that support more than 30,000 members. Maui County Federal Credit Union has reported “all employees are safe and accounted for”.
Worldwide Foundation for Credit Unions is in contact with the National Credit Union Foundation (NCUF) to offer its support and platform to encourage the global credit union system to provide donations to CUAid. NCUF is working directly with HCUL President Carol Marx and Maui credit unions to “get disaster relief funds flowing”.
“In times of crisis, credit unions respond and leverage our principle of “Concern for Community” with tangible resources and volunteer support where needed. I’m confident the global credit union community will rally behind our friends in Hawaii and show solidarity of support,” said Mike Reuter.
Worldwide Foundation for Credit Unions is committed to elevating awareness and encouraging the global credit union community to support Maui’s credit unions and member communities. WFCU will stay up to date on the Maui wildfires and provide updates to its champions and peers worldwide.
World Council of Credit Unions is the global trade association and development platform for credit unions. World Council promotes the sustainable development of credit unions and other financial cooperatives around the world to empower people through access to high quality and affordable financial services. World Council advocates on behalf of the global credit union system before international organizations and works with national governments to improve legislation and regulation. Its technical assistance programs introduce new tools and technologies to strengthen credit unions' financial performance and increase their outreach.
World Council has implemented 300+ technical assistance programs in 90 countries. Worldwide, 87,914 credit unions in 118 countries serve 393 million people. Learn more about World Council's impact around the world at www.woccu.org.
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