CUs helping flood-ravaged Iowa members

ST. LOUIS, Mo. (7/11/08)--The Iowa Credit Union Foundation is still accepting applications for aid to help those affected by flooding in Iowa, according to Marybeth Foster, executive director of the foundation.

"At this point we have raised about $377,000 and would like to raise another $245,000 to meet the needs we've seen through the applications," she told News Now. "The grants are each $500. The money is transferred from the foundation to the credit union to the member."

Credit unions in Missouri are helping Iowa credit union members affected by flooding with a $4,500 donation.

Vantage CU, Bridgeton, Mo., sent an initial donation of $1,000 to the Iowa Credit Union Foundation and challenged other Missouri credit unions to contribute (CourierNet July 9).

"I know our bottom lines are tight, but an opportunity to show what we are made of doesn't present itself in this manner very often," said Hubert Hoosman, Vantage president/CEO. "Our Iowa neighbors need us."

Other credit unions donating to the effort are:
Anheuser-Busch Employees CU, St. Louis;
Century CU, St. Louis;
Mazuma CU, Kansas City;
Mid Missouri CU, Ft. Leonard Wood; and
United Consumers CU, Independence.

CommonWealth One FCU, Alexandria, Va., also donated $500 to the National Credit Union Foundation to help credit unions in Iowa.

News Now has reported that credit unions in other states have helped Iowa also.

courtesy of cuna.org