CARSON CITY, Nev.—As the Davis Fire in Reno, Nev., burns down, having scorched 5,800 acres, Greater Nevada Credit Union is taking steps to support those impacted by the blaze.
The CU has opened applications for its Disaster Assistance Loan Program, the CU reported.
“Our hearts, thoughts, and prayers go out to everyone impacted, especially the families displaced and the first responders who have worked tirelessly to control the flames and manage the emergent nature of the Davis Fire,” said Danny DeLaRosa, president and CEO of GNCU. “While we are grateful for their success, we understand that recovery will take time and many face unforeseen and impactful expenses. At Greater Nevada, we believe in the strength of our community. We stand by our community not just in words, but in actions, because together, we live greater.”
The Disaster Assistance Loan Program provides financial assistance to qualifying Nevada residents suffering economic loss or hardships due to disasters such as wildfires, severe storms and other weather-related natural events.
“These loans can help with property loss, hotel expenses due to evacuation and other financial impacts from the fire. The program offers flexible options to individuals needing short-term financing, and origination and application fees are waived,” the credit union said.
GNCU added it also offers flexible repayment options and deferred interest rates for these loans. Full program details are available online.