NM CUs in the News: Credit Unions Help Those Impacted by Wildfires

May 17th, 2022 by admin

The largest fire in NM’s history has forced thousands from their homes and has burned nearly 500K acres.

As fires continue to rage across our great state, NM credit unions are building a support network to help. The following credit unions have shared details regarding their efforts; please click on their hyperlink to learn more.

Del Norte Credit Union
Del Norte CU is providing financial assistance and relief through emergency loans, payment extensions,
fee waivers, and a supply drive.

Guadalupe Credit Union
Guadalupe Credit Union helped another area CU evacuate and is offering members emergency relief loans, the option to skip payments for existing loans, and free financial coaching sessions. They are also collecting supplies (non-perishable food items, hygiene items, and paper goods) and monetary donations for evacuation sites.

Kirtland Federal Credit Union
Kirtland Federal Credit Union is partnering with the New Mexico Veterans Memorial Foundation to distribute monetary donations directly into the hands of veterans displaced by the ongoing wildfires in Northern New Mexico.

Nusenda Credit Union
Nusenda Credit Union made a $25,000 donation to the NM Fire Relief Emergency Response Fund. The credit union and its employees contributed $10,000 to help with the recovery efforts of April’s “Big Hole” fire. Nusenda teams are collecting relief supplies at their Taos and Santa Fe branches for Food Depot and continue to offer assistance via skip-payments, payment extensions, fee waivers, and loan relief.

Rio Grande Credit Union
Rio Grande Credit Union donated $15,000 to the Emergency Action Fund for New Mexico Fire Relief. During the CU’s Montgomery branch opening in early May, Rio Grande raised an additional $2,400 for fire relief efforts. These funds will be used to help provide meals, clothing, and other items to people who have short- and long-term recovery needs.

Sandia Area Credit Union
Sandia Area is collecting and matching donations on behalf of the All Together New Mexico Fund. Grants from All Together New Mexico are used for emergency shelter, food and water distributions, and access to medical support. Sandia Area will match donations up to $15,000. In addition, Sandia Area donated $5,000 directly to World Central Kitchen, an organization partnering with local restaurants in affected communities to serve fresh meals to evacuees and first responders battling the blazes. Sandia Area CU’s Santa Fe branch is also accepting donations of non-perishable food items and hygiene products. 

Sandia Laboratory Federal Credit Union
Sandia Laboratory Federal Credit Union donated to the New Mexico Fire Relief Emergency Response Fund, which provides meals, clothing, and other necessities to those affected. 

State Employees Credit Union of New Mexico
State Employees Credit Union of New Mexico is offering emergency loans and extensions to those impacted by the fires. They are also accepting monetary donations for the “Northern NM Fires” fund and collecting nonperishable food items, bottled water, new and unused blankets, clothing, and hygiene products.

If your CU is collecting donations and is not included on this list, please email Melissa, CUANM’s Director of Cooperative Development & Momentum, at melissa@cuanm.org, and we’ll add your details.

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