With “shoulder-high” flooding in some areas, credit unions in Louisiana are reaching out to the credit union community for assistance.
“Louisiana has been severely affected by the recent floods in our state and could use your help,” said Connie Major, Louisiana Credit Union League executive vice president/chief financial officer. “It’s been called the ‘great flood of 2016,’ and it came so fast that many credit union people didn’t have enough time to even consider evacuating.
"Aside from the numerous members affected, we’ve heard from credit union CEOs and staff that have lost everything. We cannot determine the full impact just yet as people are still being airlifted from their homes via helicopters.”
The National Credit Union Foundation has activated its online disaster relief system, CUAid.coop, to raise money for credit union people in Louisiana affected by recent flooding.
Credit union supporters in every state can make donations. CUAid is the only program that enables credit union employees, volunteers, and members, as well as credit unions and credit union organizations across the United States, to contribute directly to support other credit union people.
Major described the situation as “very stressful.” For example, though her home had not been affected by flooding as of Monday afternoon, she spent the most of the day wading through water helping a relative. Water was predicted to hit Major’s neighborhood by Monday evening. “It’s pretty tough,” Major said.
She said virtually all credit unions in the Baton Rouge and Lafayette area were closed, “mainly because their staff are at home dealing with family and personal situations,” Major said.
Major also said the Denham Springs area had also been hit with “shoulder-high” flooding on main thoroughfares. “We have a few credit unions in that area that are definitely closed,” Major said.
As donations are posted through CUAid.coop, the Foundation will coordinate with the Louisiana Credit Union Foundation in the disaster area to distribute money efficiently to affected credit union employees and members.
One hundred percent of donations through CUAid go to credit union disaster relief. In the event that any donations are not used for Louisiana flooding relief, the National Credit Union Foundation will transfer any and all unused funds to its general disaster relief fund for future disaster relief efforts.