The World Council of Credit Unions has activated its Caribbean Relief Fund in response to Hurricane Irma.
Irma, one of the strongest storms to ever hit the Caribbean, brought devastation, loss of life and damage of epic proportions. Anguilla, Barbuda and Tortola have experienced major devastation. The Bahamas and St. Kitts and Nevis were also impacted but to a lesser degree.
Hurricane Irma’s path of destruction has killed at least 44 people in the Caribbean.
Credit unions and their members have suffered significant loss. There are more than 100,000 credit union members in Anguilla, Barbuda, Tortola and St. Kitts and Nevis. Unofficial estimates from World Council member Caribbean Confederation of Credit Unions indicate that approximately $1.9 billion may be required for reconstruction in these countries.
World Council will provide immediate relief to support rebuilding efforts. “It is through these difficult times that our global community comes together to show its strength and reach beyond borders to help those in need,” said Brian Branch, World Council president/CEO, in urging credit union leaders to offer their financial support in providing relief to those impacted by Hurricane Irma.
Hurricane Irma follows the wake of Hurricane Harvey which impacted thousands of U.S. credit unions and their members. The National Credit Union Foundation is collecting donations for credit union staff and volunteers in the U.S. affected by both storms through CUAid.
The Worldwide Foundation for Credit Unions is the official gift-receiving and grantmaking arm of World Council. Over the past four years, the Foundation has delivered nearly $1 million in aid to credit union organizations affected by natural disasters in the Philippines, Nepal, Ecuador, Malawi and Colombia.