Catastrophic flooding and extreme weather hit Vermont in 2023 and this has caused an estimated $45 million in losses to farmers - and you know Vermont farmers from Ben & Jerry’s to Cabot Cheese. Farms are crucial to Vermont, economically but also in its self identity.
But now some 350 farm families face severe economic hardship as they seek to recover from the flooding and severe weather,
An upshot is the launch of a new campaign, Dig Deep Vermont, which seeks to raise private sector monies to aid farmers in need. It’s an ambitious, multi-pronged effort that brings together multiple sources of help from state government to Ski Vermont and the Association of Vermont Credit Unions.
Just what role can credit unions play in this fundraising? On the show today is Joe Bergeron, CEO of the Association of Vermont Credit Unions, who explains why there’s a need for this effort and also why credit unions have a place in this campaign and what they can do to help.
Credit unions around the country can learn from this. Seemingly disasters are becoming routine - but there are important roles credit unions can play in helping recovery. Learn from what’s happening in Vermont and if the spirit moves you, donate to the relief fund.