Greensboro, N.C. – Vizo Financial Corporate Credit Union was ready and willing to join the Worldwide Foundation of Credit Union’s fundraising efforts for the Ukrainian Credit Union Displacement Fund. In doing so, the corporate credit union raised $62,525 in support of war-torn Ukraine over a period of just four weeks.
The fund was created to raise money to address both short and long-term needs of Ukraine’s credit union system and those it serves, as well as all Ukrainian citizens experiencing hardships because of the ongoing conflict with Russia, by leveraging the global credit union network.
Vizo Financial reached out to its member credit unions in March to encourage donations through the Corporate’s unique donation link. In all, their member credit unions contributed $62,525, with three extraordinary donations of $4,167 from Utilities Employees Credit Union (Wyomissing, Pa.); $5,000 from South Carolina Federal Credit Union (Charleston, S.C.); and $20,000 from Service 1st Federal Credit Union (Danville, Pa.). Vizo Financial then matched the funds up to $25,000 for a grand total of $62,525.
“We want to thank our members for their generosity and support of our participation in this fundraising effort,” said David Brehmer, president/CEO of Vizo Financial. “We are inspired by your dedication to help communities around the world get through this humanitarian crisis, and your donations will go a long way in making a difference for those most in need.”
Including Vizo Financial’s $62,525 donation, the Ukrainian Credit Union Displacement Fund has raised more than $850,000. A portion of that money is being sent to humanitarian aid organizations assisting displaced Ukrainians while the rest will be used for long-term recovery and rebuilding efforts related to Ukraine's credit union system.
“This is what the credit union movement is all about – banding together and putting our philosophy of people helping people into action,” said Lori Gall, chief risk officer of Vizo Financial. “By doing our part to raise much-needed money for the Ukrainian Credit Union Displacement Fund, we can be a lifeline for Ukrainians who are struggling in the midst of the chaos.”