Texas CUs Aid KatrinaRefuges

Register now

DALLAS - (09/06/05) -Texas credit unions have become amongthe most active in raising money and taking other steps to assistvictims of Hurricane Katrina. The Texas CU League, which notedthere are as many as 550,000 CU members served by 95 credit unionswho may be displaced by the storm in Mississippi, Alabama andLouisiana, by mid-day Friday had raised $192,000 in donations andpledges from 13 credit unions across the state. Houston area creditunions opened more than 36 local branches to help disaster victims,who wetre pouring into the Houston area by the thousands. The TexasFoundation said it has begun granting emergency funds to provideimmediate assistance to staff members from affected credit unions.The Foundation also overnighted a $7,500 emergency grant to assistmore than a dozen Louisiana League employees who have beendisplaced. MSC locations is providing check cashing and offlinewithdrawal options for members from Louisiana and Mississippi andAlabama credit unions.

For reprint and licensing requests for this article, click here.