NY's Credit Union Community Responds To Tsunami Relief Fund
Albany, NY – The New York Credit Union
(NYCUF) has collected a total of $63,906 in
Tsunami Disaster Relief Fund donations.
NYCUF has transferred the funds, donated by 53
New York credit unions, 58 individuals, and the
Metropolitan District of the NYSCUL, to the World
Council of Credit Union's (WOCCU) Worldwide
Foundation. WOCCU will distribute 100% of the
funds to help rebuild credit unions demolished by
the recent Asian tsunami.
"On behalf of the NYCUF, I would like to thank
all those who donated to our Tsunami Disaster
Relief Fund," said James Mack, chairman, NYCUF
Board of Trustees. "I would also like to extend a
special thank you to the following credit unions
for their leadership donations: Municipal CU,
$10,000; Capital Communications FCU, $5,000 and
Suffolk FCU, $5,000.
Mid-Hudson Valley FCU (MHVFCU) is one example
the many credit unions that stepped up to support
the relief effort. Collection boxes were placed
in each of their five offices while the credit
union's community relations committee announced
they would match donations up to $2,500. With
contributions from employees, members, two
community organizations and the matching funds,
MHVFCU donated an impressive $7,215.61.
"NYCUF established the Tsunami Disaster Relief
Fund right after the New Year," said Diane
LaVigna Wixted, NYCUF's executive director, "to
facilitate donations from New York credit unions
wanting to assist the credit unions, staff,
volunteers and members impacted by the massive
tsunami that devastated 11 nations."
The New York Credit Union Foundation works to
help improve the financial well-being of people
everywhere by supporting initiatives that express
the credit union difference and the
movement's "people helping people" philosophy.
The Foundation has also served as a conduit of
financial aid to victims of natural disasters,
including victims of the bombing of the Alfred P.
Murrah Building in Oklahoma City, the California
wildfires, Florida hurricanes, and Washington
Postal Employees in the wake of anthrax attacks.
After the Sept. 11, 2001 terrorist attacks, the
Foundation raised more than $1.4 million for
credit union victims of the catastrophe. For more
information about the Foundation, visit
World Council of Credit Unions is the global trade association and development agency 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 more than 290 technical assistance programs in 71 countries. Worldwide, 57,000 credit unions in 103 countries serve 208 million people. Learn more about World Council's impact around the world at www.woccu.org.
Contact: Bonnie Sklar
Organization: Credit Union Association of New York
Phone: (800) 342-9835 ext. 8130