Since Hurricane Maria tore through Puerto Rico last September, the New York Credit Union Foundation has dispersed $313,000 in grants to credit union employees and volunteers affected by the storm.
The New York Credit Union Foundation recently welcomed two new trustees to its board. The trustees are responsible for establishing policies to guide the Foundation and generally oversee its operation.
Hurricane Maria made landfall in Puerto Rico two months ago yesterday. The high-end category 4 storm has devastated the island, which still remains in a state of crisis.
The New York Credit Union Foundation has approved hundreds of thousands of dollars in disaster relief grants to individuals and credit unions in Puerto Rico affected by Hurricane Maria, but the island’s credit union community still needs more help.
The New York Credit Union Foundation has awarded credit unions and individuals with over $300,000 in grants and disaster relief this year.
As of Monday, only 42 percent of Puerto Rico’s power had been restored after Hurricane Maria tore through the island in September. Residents are still faced with a massive rebuilding effort.