NBA establishes disaster relief fund

In response to historic flooding in the Cornhusker State, the Nebraska Bankers Association has created a disaster relief fund.

Snowmelt coupled with a recent bomb cyclone have caused devastating flooding in the state as well as other parts of the Midwest. At least four people have died, and flooding has caused millions of dollars of damage.

The trade group is working closely with local banks and Nebraska United Ways to establish the Bank On Nebraska Strong fund to assist in recovery efforts. This fund has been seeded with a $50,000 initial contribution from the NBA.

Funds will be allocated by the NBA board of directors in coordination with United Ways and other regional and statewide relief organizations to ensure contributions provide the greatest impact for long-term rebuilding.

“We are overwhelmed with concern for our fellow Nebraskans suffering from this tragedy,” said Richard Baier, NBA president and CEO. “Throughout the past few days, we have been contacted multiple times by our Nebraska banking family, and bankers throughout the nation asking what they can do to help. We have been in touch with our members in the affected communities and have realized it will take some time, particularly in heavily flooded areas, to fully assess the extent of the damage. We hope that through the Bank On Nebraska Strong fund, we can assist with initial needs and, when the flooding subsides, the ongoing rebuilding of businesses and communities,.”

The following avenues have been established to donate to the Bank On Nebraska Strong fund:

  • Nebraska United Ways. Donors can now select the Bank On Nebraska Strong fund through the United Ways platform. Banks may also work with local United Way representatives to set up additional contribution channels for the fund.
  • Nebraska Community Foundation. To donate to the NBA’s Bank On Nebraska Strong fund via check, make payable to: Nebraska Community Foundation, P.O. Box 83107, Lincoln, NE 68501. Memos on donation checks should read: Bank on Nebraska Strong Fund
  • Text the word NEFLOODRELIEF to 41444 to donate to the NBA’s Bank On Nebraska Strong fund.

All donations given to the Bank On Nebraska Strong fund are tax deductible.