News Feed

World Council activates Caribbean Relief Fund

Wed, Sep 20, 2017

Hurricane Irma, one of the strongest storms ever to hit the Caribbean brought devastation, loss of life and damage of “epic proportions”. Anguilla, Barbuda and Tortola have experienced major devastation. The Bahamas and St. Kitts and Nevis were also impacted but to a lesser degree.

“Unprecedented damages to Barbuda, home to 1,800 people, are estimated at US$150 million,” Prime Minister Gaston Browne saidHurricane Irma’s path of destruction has killed at least 44 people in the Caribbean and the island nations are being described as “nuclear landscape”.

Credit unions and their members have suffered significantloss. There are more than 100,000 credit union members in Anguilla, Barbuda, Tortola and St. Kitts and Nevis. Unofficial estimates from World Council member Caribbean Confederation of Credit Unions indicate that approximately US$1.9 billion may be required for reconstruction in these countries.

World Council will provide immediate relief to support rebuilding efforts. “It is through these difficult times that our global community comes together to show its strength and reach beyond borders to help those in need,” said Brian Branch, World Council president and CEO urging credit union leaders to offer their financial support in providing relief to those impacted by Hurricane Irma.

Hurricane Irma follows the wake of Tropical Storm Harvey which impacted thousands of U.S. credit unions and their members. The National Credit Union Foundation is collecting donations for credit union staff and volunteers in the U.S. affected by both storms.

The Worldwide Foundation for Credit Unions is the official gift-receiving and grantmaking arm of World Council. Over the past four years, the Foundation has delivered nearly $1 million in aid to credit union organizations affected by natural disasters in the PhilippinesNepalEcuadorMalawi and Colombia.

Click here to make a donation for Caribbean Relief Efforts (Irma).

Click here to make a donation for U.S. relief efforts.