Texas CU Foundation Poised to Help Victims of Explosion

Foundation assessing the situation to determine whether to activate its disaster relief fund.

April 18, 2013

The Texas Credit Union Foundation is poised to help credit unions and their employees affected by the explosion at a fertilizer plant in the town of West Wednesday night.

“In times of crisis, the foundation is here to help our credit unions and their staff get back on their feet so that they in turn can be there for their members,” says Courtney Moran, the foundation’s executive director.

She notes that the foundation is assessing the situation to determine the scope of damage—if any—credit unions and their staff might have experienced. If the damage is widespread, the foundation will activate its disaster relief fund.

“Already I received countless emails and phone calls from credit unions across the state wanting to know how they can help,” Moran says. “It’s so gratifying to know that we serve in a movement where people really care about each other.”

According to news reports, a massive explosion at a fertilizer plant has devastated West, a town north of Waco, causing multiple casualties and leaving people trapped and buildings on fire.

Officials have said more than 160 people had been treated for injuries at various hospitals. Emergency personnel continue to search for survivors.

TCUF will notify credit unions if and when it activates the disaster relief fund.