Almost two months after Hurricane Helene slammed the CSRA with 100 mph winds, signs of the storm to homes and businesses are still a reminder of the initial devastation. All ten counties served by SRP Federal Credit Union were significantly impacted.
Recovery is a slow process, but SRP has stepped up to support both its member-owners and team members during the aftermath. The company has provided Emergency Relief Loans, Skip-a-Pay options on consumer loans, and waived or refunded various operational fees in the amount of $13.6 million in total relief.
Many members were able to access help through these emergency loans, and thousands took advantage of the opportunity to skip their loan payments, reducing immediate financial pressure to help with the burden during recovery.
“SRP has always prioritized the needs of our members, especially in times of crisis,” said Eric Jenkins, CEO of SRP Federal Credit Union. “With so many affected by this disaster, our goal was to provide immediate, practical support to aid in their recovery. I am proud of how SRP has stepped forward to support our community through this challenging time.”
He continued, “We have witnessed tremendous resilience among our team, members, and community. As the recovery progresses, SRP remains committed to supporting all as we rebuild and grow stronger together.”
