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Meriwest Credit Union Donates to the National Credit Union Foundation Disaster Relief Fund

12/11/06

SAN JOSE, CA, December 11, 2006 - Meriwest Credit Union, one of the largest credit unions serving Silicon Valley and the San Francisco Bay Area, donated more than $10,000 to the National Credit Union Foundation (NCUF) in support of credit union employees affected by Hurricane Katrina.

The donation from Meriwest is part of a nationwide effort by credit unions throughout the country to assist credit union employees and their families in the aftermath of Hurricane Katrina.

"Like all Americans, we at Meriwest were deeply saddened by the terrible loss of life and the catastrophic damage caused by Hurricane Katrina," said Chris Owen, president and CEO of Meriwest Credit Union. "We hope that through our donation, Meriwest can bring a small measure of relief to credit union employees and their families as they continue to rebuild their lives. We are proud to be working with NCUF and assist them with their relief efforts."

"Words can't fully describe what our credit union friends on the Gulf Coast have lived through, and how the donation from Meriwest Credit Union will help change their lives," said Steve Bosack, Deputy Director of NCUF. "Thanks to generous donors like Meriwest Credit Union, our foundation was able to make nearly 1,400 grants to fulfill a wide range of needs for credit union employees and volunteers who were devastated by Hurricane Katrina."

During Katrina's immediate aftermath, NCUF grants paid for critical living essentials, including food, water and clothing. In the ongoing recovery, NCUF grants provided down-payment assistance that helped survivors finally move out of trailers and move back into homes in their own communities.

About Meriwest Credit Union
Meriwest Credit Union, one of Silicon Valley's largest and established financial institutions, has been providing proactive, personal, convenient and innovative financial services to businesses and families throughout the San Francisco Bay Area and Tucson, Arizona, for more than 45 years. Meriwest is ranked as a 5-Star financial institution, as rated by BauerFinancial, and has received this rating for nine consecutive quarters. More information can be found at www.meriwest.com.

About NCUF (www.ncuf.coop)
NCUF is the U.S. credit union movement's primary national charitable fundraising organization. In 25+ years, NCUF has awarded nearly $20 million worth of grants to fulfill its mission: "to promote and improve consumer financial independence through credit unions." NCUF is grateful to all Community Investment Fund (CIF) investors, as well as its 2006 Corporate Sponsors - led by CUNA, CUNA Mutual Group, the Corporate Credit Union Network, Deluxe, Liberty Enterprises, WesCorp, the CO-OP Network, Card Services for Credit Unions, Fidelity National Information Services, and Visa. These donors provide the support that empowers the Foundation to make a real impact in the credit union community.

NCUF in 2006 earned the Better Business Bureau seal of approval for meeting the Wise Giving Alliance Standards for national charities.
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