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Floods

American Bankers Association Donates $10,000 to Assist with Texas Flood Relief Efforts

Strategic Insights

— 1 min read

The recent catastrophic flooding in Central Texas has left a trail of destruction and loss of life, prompting the American Bankers Association to take immediate action. In a show of solidarity, the ABA is donating $10,000 to the Texas Bankers Foundation, the charitable arm of the Texas Bankers Association, to provide critical support to those affected by the disaster. This generous contribution aims to bring relief to the hard-hit communities in the Hill Country and Central Texas.

Key Takeaways:

  • The American Bankers Association (ABA) is donating $10,000 to the Texas Bankers Foundation to assist with immediate disaster response and recovery efforts in Central Texas.
  • The Texas Bankers Foundation has established an online donation page to provide financial assistance to those affected by the flooding, with 100% of the earmarked donations going directly to support those in need.
  • The Texas Bankers Foundation has made an initial $10,000 donation to the Kerrville-based Community Foundation of the Texas Hill Country to help victims of the flooding along the Guadalupe River and surrounding communities.
  • The donation is a testament to the banking industry's commitment to supporting communities in times of crisis, with ABA President and CEO Rob Nichols expressing gratitude for the Texas Bankers Foundation's leadership in the relief efforts.
  • Individuals, banks, or groups can contribute directly to the Texas Bankers Foundation donation page.
  • Foundation Director Jocelyn Carby is available to answer banker questions about donations and the foundation's relief efforts.

Statistics:

  • $10,000: The amount donated by the American Bankers Association to the Texas Bankers Foundation for disaster response and recovery efforts.
  • $10,000: The initial donation made by the Texas Bankers Foundation to the Kerrville-based Community Foundation of the Texas Hill Country.
  • 100%: The percentage of donors' contributions that will directly support those affected by the flooding, thanks to the Texas Bankers Foundation's online donation page.

Sources:

  • American Bankers Association
  • Texas Bankers Association
  • Community Foundation of the Texas Hill Country

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