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Hurricane Harvey: how you and your bank can help

Wednesday, August 30, 2017   (0 Comments)
Posted by: Amanda Averch
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Bankers are urged to contribute to the Hurricane Harvey Relief Fund set up by the Texas Bankers Association and the Independent Bankers Association of Texas.

ABA and its subsidiaries will contribute $100,000 to the fund, which will provide relief for people displaced by the storm, including bank employees and their families. Contributions to the fund are tax-exempt, and TBA and IBAT are absorbing all credit card processing fees to ensure 100 percent of funds reach those in need. ABA will also match its own employees’ contributions to Harvey relief efforts.

“It will come as no surprise to you that the industry’s response to date has been caring, generous and committed,” wrote ABA CEO Rob Nichols in an email to bank CEOs nationwide. “I have no doubt all banks whose customers have been harmed by Hurricane Harvey will make a priority of helping them through this difficult time.” He cited a wide range of responses, from community banks that have opened mobile branches to institutions waiving service fees to million-dollar relief pledges from large nationwide banks.

 

Donate to the Hurricane Harvey Relief Fund.
Read Nichols’ email.
View ABA resources on Hurricane Harvey.


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