Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

CU System
CU has network outage in Vancouver tornado
FEDERAL WAY, Wash. (1/14/08)--Only one credit union--iQ CU--was affected by the tornado that touched down in the Hazel Dell neighborhood of Vancouver Thursday, says the Washington Credit Union League. The league and the Washington Credit Union Foundation received updates Friday from two credit unions with facilities in the area--Columbia CU and iQ CU, David Bennett, league director of publications, told News Now Friday. "The funnel cloud passed directly over iQ CU's Operations Center," he said. "It didn't lose power, and there was no physical damage to any of its facilities." However, the credit union reported that "something zapped our network and we were down for a couple of hours," he said. "The operations at Columbia CU were unaffected, although some chaos in the area had the credit union on edge," Bennett said. "We should be thankful that there were no serious injuries," he told News Now, noting that people reported the tornado "came out of nowhere." He noted that a tornado in January "is extremely rare." Columbia CU has $771.7 million assets, and iQ CU has $374.2 million. It was not known whether employees or members' homes were directly affected by the rare twister.


RSS





print
News Now LiveWire
The U.S. Court of Appeals restored NCUA lawsuit v. Barclays Capital that charged misrepresenting quality of $550M IN RMBS. See News Now Wed.
9 hours ago
Registration is now open for the online livestreaming of @TheNCUA March 19 open board meeting. http://t.co/yOuqdXHlxj
13 hours ago
Registration is now open for online viewing of @TheNCUA's March 19 board meeting. https://t.co/mMZoXSFjMe
13 hours ago
.@CFPB Director Richard Cordray's testimony that he will deliver before the #HFSC this afternoon. http://t.co/NA1aEOPAeh
15 hours ago
Consumer spending flatlines, savings ramp up #Market #NewsNow http://t.co/94kPuBpMRK
15 hours ago