Credit Unions respond to help those affected by wildfires in Fort McMurray
May 6, 2016
Vancouver, May 6, 2016 — Credit unions across British Columbia and Ontario are supporting Red Cross relief efforts by donating and collecting funds to help those affected by wildfires in Fort McMurray. These fires have created a provincial state of emergency and the largest fire evacuation in Alberta’s history.
Evacuations have forced 88,000 residents to leave their homes over recent days, with fires destroying property and homes in Fort McMurray and surrounding areas. Thousands of affected residents are taking shelter in evacuation centers, schools, camps, and community centers.
To date, credit unions in British Columbia and Ontario have contributed $57,500 to the Canadian Red Cross Alberta Fires Emergency Appeal to help provide emergency shelter, food, clothing, supplies, and other items to those who have been evacuated. Some credit unions are also helping by collecting donations from their members on behalf of the Canadian Red Cross.
“We are grateful to the credit unions for their support of the Alberta Fires response,” says Conrad Sauvé, president and CEO of the Canadian Red Cross. “Thanks to the generous support of individual Canadians and our corporate partners we are able to not only meet immediate needs but provide help and hope as people work to rebuild their lives and communities.”
Credit unions are member-owned, democratically-elected cooperative organizations who have a long-standing history of giving back to communities. Helping members build, grow, and thrive in their communities is a shared tradition of credit unions. In this difficult time for the residents of Fort McMurray, credit unions in British Columbia and Ontario are pleased to help and give their support.
Credit unions who are contributing to the relief efforts include Coast Capital Savings, Coastal Community Credit Union, FirstOntario Credit Union, Kingston Community Credit Union, Integris Credit Union, Kootenay Savings Credit Union, Luminus Financial, Meridian Credit Union, Prospera Credit Union, Vancity Credit Union, and Westminster Savings Credit Union.
To learn how you can help the residents in Alberta impacted by the fires, please visit the Red Cross website or call 1-800-418-1111.
About Central 1
With offices in Vancouver, Mississauga and Toronto, Central 1 holds on balance sheet approximately $14.6 billion in assets. They provide wholesale financial products, trust services, payment processing solutions and direct banking services to more than 300 credit unions and institutional clients from coast to coast.
In addition, Central 1 is the primary liquidity manager, payments provider and trade association for our 42 member credit unions in B.C. and 75 Ontario member credit unions. Our members represent a consumer-oriented, full-service retail financial system that collectively serves 3.3 million members and holds more than $106.3 billion in assets. For more information, visit www.central1.com.
Manager Member and External Communications
Central 1 Credit Union
T 604.737.5032 or 1.800.661.6813 ext. 5032
Sometimes it takes a catastrophic event such as the one we have witnessed in Fort McMurray to remind us that natural events such as wildfires can take total control before we know it.
We wanted to remind our Members one of the obligations we all have is to provide the Insurance Company with proof of our personal belongings, and that can be an incredibly daunting task at a very traumatic time, as you try to recall what you owned that has been reduced to a pile of ashes.
This document can help you if you find yourself in a bad situation. It recommends itemizing what you own and complementing it with photos or even a video recording. And remember, if you have any questions – our Insurance Representatives are here.