Abound Credit Union is matching donations and offering two storm-relief lending options to help recent Kentucky storm victims, according to a news release.
Abound will match up to $5,000 in donations made by Dec. 31, 2021. Members, and others who want to make a difference, may donate by phone, at their local branch or online within the secure message portion of online or mobile banking. All donations received by Dec. 31, 2021 will be split 50/50 between the Warren County Public Schools Synergy Relief Fund (operated by Warren County Public Schools) and the Caring for Kids Tornado Relief Drive (operated by Taylor County Schools).
The Credit Union is also offering two storm-relief loan options. Storm victims may apply online, by phone or in-person at any Abound branch for personal loans up to $25,000 or personal lines of credit up to $15,000. Storm victims with immediate cash needs are encouraged to apply for an Abound personal loan to take advantage of quick approval, flexible payments and up to 90 days until their first payment, the release stated.
Those impacted who want access to cash “just in case” are encouraged to apply for the personal line of credit option. Once approved, the line of credit may be drawn upon as needed up to the applicable limit.
“As many Kentuckians navigate the hardships due to recent tornadoes in Kentucky, we are here to help,” said Ray Springsteen, President & CEO of Abound Credit Union. “Our loan experts are caring people who have the flexibility to work through unique situations based on individual needs. Our team members are also part of the local communities we serve, so understand what many of our neighbors are going through right now.”
In addition to assisting with new loans, Abound is helping members impacted by the storms with existing loan payment deferrals. More information, including online loan applications and donation options, may be found online at aboundcu.com.