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Media Resources: Press Release


Bay Federal Credit Union Collecting Donations to Support Victims of Haiti Earthquake

Capitola, CA – January 14, 2010 –

Bay Federal Credit Union has established a fund to provide relief to the survivors of the devastating 7.0 Earthquake that occurred in Haiti on January 12, 2010. Financial donations will support priority needs in Haiti - food, water, temporary shelter, medical services and search efforts - through the efforts of the American Red Cross volunteers who are active in the disaster zone.

"The victims of this devastating earthquake are in dire need of assistance,” said Bay Federal President and CEO Carrie Birkhofer. Referring to the Loma Prieta Earthquake that devastated the Bay Area in 1989, Mrs. Birkhofer said she and other Bay Federal employees, “recalled the fear and tragedy we experienced and knew we must help these people.”

  • Donations of cash or checks made payable to the American Red Cross can be made through January 30:
  • In person at any Bay Federal Credit Union Branch
  • By mail, addressed to Bay Federal Credit Union, Attention: Earthquake Relief Fund, 3333 Clares Street, Capitola, CA 95010
  • Online at www.bayfed.com

Other credit unions and credit union service organizations across the U.S. are rushing to aid the estimated 3 million earthquake victims. The Credit Union National Association (CUNA) and the World Council of Credit Unions (WOCCU) are encouraging credit unions to provide aid, and have joined together to make a $20,000 donation for victims in Haiti through the National Credit Union Foundation Disaster Relief Fund, a relief effort that directs funds to help credit union employees, volunteers and members in times of disaster. According to WOCCU, there is an active credit union movement in Haiti made up of 175 credit unions serving more than 400,000 members.

About Bay Federal Credit Union

Bay Federal is a full-service financial institution that serves over 66,000 members and 500 local businesses throughout Santa Cruz County. With over $580 million in assets, Bay Federal Credit Union is the largest member-owned financial institution in Santa Cruz County and has served its members and the community since 1957.

CONTACT:

Amy Ivey, AVP Marketing and Development, Bay Federal Credit Union, aivey@bayfed.com, 831-477-8409.
Patti Bond, Publicist, patti@bondmarcom.com, 831.464.7748.

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