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 grants were provided to 591 individuals from 63 credit unions to help them cover the costs of food, clothing, water, damage to homes, gas and more.
Nearly $50,000 in grants have been provided directly to the island’s credit unions, known as cooperativas, to assist them as they attempt to return to normal operations.
NPR reported earlier this week that now, six months after the storm, 11 percent of the island is still without power, and roughly 150,000 homes and businesses are still waiting for electricity.
As previously reported in The Point, a number of New York credit unions and credit union leaders have stepped up to support their peers in Puerto Rico, including Municipal CU, which in November pledged a $50,000 donation to assist with the relief efforts.
To make a contribution to the Hurricane Maria relief efforts, visit the Foundation’s donation page.