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Blizzards shut down leagues CUs
MADISON, Wis. (2/11/10)--Several credit union leagues and even more credit unions in Mid-Atlantic and Northeast states were closed Wednesday because of a historic snowstorm with blizzard conditions that brought the federal government to a standstill. The Credit Union National Association’s (CUNA) Washington, D.C., headquarters has been closed all week for far, as has the federal government and the National Credit Union Administration. The closings were due to a series of storms that dumped two to three feet of snow last week. About 12 to 18 inches of more snow were predicted to hit states in that area Wednesday, according to USA Today (Feb. 10). The storm, described by the National Weather Services as a “northeaster,” delivered snow to Washington, D.C., Baltimore and Philadelphia--areas that saw snowplows come to a halt because of safety issues. More snow could be on the way Monday (The New York Times Feb. 10). Leagues closed on Wednesday include: The New Jersey Credit Union League, the Pennsylvania Credit Union Association (PCUA), The Credit Union League of Connecticut, The Delware Credit Union League and the Maryland and District of Columbia Credit Union Association. PCUA notified members via a special edition of its daily e-mail newsletter. It noted state offices in the Capitol, as well as Philadelphia, Pittsburgh, Reading and Scranton were closed. “Snow is falling across Pennsylvania ... most business in the mid-state are closed today, and several credit unions already posted closings early (Wednesday),” PCUA said. The Connecticut league let its member credit unions know Tuesday of its intention to close its office in Meriden on Wednesday. League staff worked from home and were available by phone, and in some cases, e-mail, Ed Zagorski, league director of communications, told News Now. The league was scheduled to open its offices today. The league also was able to produce its full edition of Daily Update, an e-newsletter that is sent every business morning to member credit unions and nearly 500 subscribers, Zagorski added. “One unfortunate consequence of the storm and closing of league offices is that we had to postpone the second-day session of the inaugural week of our 2010 Compliance School, which opened on Tuesday with a full day’s session on Truth in Lending,” he said. Wednesday’s session was supposed to cover the Real Estate Settlement Procedures Act (RESPA). The RESPA session will be re-scheduled, he added. The compliance school is a six-month program to inform, instruct and provide workshops in full-day sessions for affiliated credit unions in the Northeast to satisfy regulatory compliance requirements. The Credit Union Association of New York, Albany, was open Wednesday. Albany was expecting three to four inches of snow, Bonnie Sklar, league public relations coordinator, told News Now. The Virginia Credit Union League, based in Lynchburg, also was open. The office is located about three hours from the District of Columbia, and wasn’t experiencing snowy conditions when News Now called. “We dodged a bullet,” said Lewis Wood, league director of public relations and communications. “We haven’t been hammered [by snow] the way D.C. and Northern Virginia have.” The league has heard from several credit unions in Northern Virginia that have closed due to snow, Wood added. He was not sure when they would reopen. “It depends on road conditions,” he said. Washington Gas Light FCU, Springfield, Va., posted information about closings on its website. The credit union closed at 3 p.m. Tuesday and all day Wednesday because of snow. “If the snowfall isn’t as much as predicted, we will make every effort to open for business,” the credit union said. It also reminded members that they still have access to their accounts by phone, online or through ATMs. Belvoir FCU, Woodbridge, Va., also was closed Wednesday. The credit union was scheduled to reopen today at noon except for its two branches on Fort Belvoir, which remain closed, said Jacqueline Connor, vice president of marketing and business development. Many credit unions in Delaware also have been closed as a result of the snow, according to Alice Smith, Delaware league communications director.


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