Abound Credit Union is matching donations and offering two storm loan options to help recent Kentucky storm victims, according to a press release.
Abound will match up to $ 5,000 in donations made by December 31st. Members and others who want to make a difference can donate by phone, at their local branch, or online through the secure message portion of online or mobile banking. All donations received by December 31 will be split 50/50 between the Warren County Public Schools Synergistic Relief Fund (managed by Warren County Public Schools) and Caring for Kids Tornado Relief Drive (managed by the Warren County Public Schools). Taylor County Schools).
The Credit Union also offers two storm loan options. Storm victims can 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 enjoy fast approval, flexible payments and up to 90 days before their first payment, the release said.
Affected individuals who wish to access cash “just in case” are encouraged to apply for the personal line of credit option. Once approved, the line of credit can be used as needed up to the applicable limit.
“As many Kentuckians go through the hardships of the recent Kentucky tornadoes, we’re here to help,” said Ray Springsteen, president and CEO of Abbound Credit Union. “Our loan experts are caring individuals who have the flexibility to deal with 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 helping with new loans, Abound helps members affected by storms with deferrals of existing loans. More information, including online loan applications and donation options, can be found online at aboundcu.com.