Posted by Trey Reeme on November 15
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When Hurricanes Katrina and Rita hit last year, credit unions responded. In fact the National Credit Union Foundation raised and distributed more than $3 million in the wake of Katrina alone.
So I was surprised to hear during today’s session on online philanthropy that virtually none of that $3 million was raised via the Internet.
The NCUF, through sponsoring a new website called cuaid.coop, is working to change that.
I’m very encouraged that this conversation is taking place before the next disaster occurs. I do believe the online philanthropy space is growing more competitive with products like ChipIn, but credit unions can and should leverage the power of the network (you know, the inherent not-for-profit, cooperative aspect that ties all credit unions together)."
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