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Worldwide Foundation campaign will establish forward-prepared fund for credit unions



The Worldwide Foundation for Credit Unions, the international and charitable arm of World Council of Credit Union, will officially launch Project Storm Break at the 2019 World Credit Union Conference (WCUC 2019) in The Bahamas, July 28-31, in partnership with the Caribbean Confederation of Credit Unions


The Worldwide Foundation seeks to raise US$100,000 for the Project Storm BreakDonations can be made on the Project Storm Break campaign page or by texting the keyword “STORMBREAK” to 44-321.The funding will be used to help impacted credit unions in the immediate aftermath of a natural disaster.


“This is the first time we are proactively asking for donations from individuals and institutions who see value in getting ahead of the storm, because it’s not a matter of if, but when, the next disaster will strike,” said Mike Reuter, executive director of the Worldwide Foundation. “Past relief campaigns have put out the call worldwide after a disaster, but invariably, people on the ground are suffering within minutes or hours of a storm, earthquake or fire. Having the resources on hand to send immediately, or even in advance to credit union systems so they can be more proactive, is central to Project Storm Break’s purpose.”


A number of credit unions and individuals have already made contributions to the fun ahead of the its official launch. These donors, namely Indiana Credit Union LeagueCarolinas Credit Union FoundationUnitus Community Credit Union, Steve & Michelle Stapp, Jamaica Teachers Association Co-operative CU Limited and Richard Miller will be recognised for their pledges and support on stage with their global peers at WCUC 2019.


Credit union disaster relief response has always been a core pillar of purpose for the Worldwide Foundation. Since 2015, relief efforts have raised more than $350,000 to assist credit unions responding to disasters in Nepal, Ecuador, Dominica and Puerto Rico.



This article is adapted from WOCCU press release. 



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