Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
103 CUs in Ike territory are operational--NCUA
WASHINGTON (9/17/08)--Of the 179 credit unions affected by Hurricane Ike in Texas and Louisiana, 103 are operational, according to the National Credit Union Administration (NCUA). NCUA, jointly with the Louisiana and Texas state regulators, contacted 158 of the 179 affected credit unions as of the close of business Monday. "We anticipate several more will either open today or Wednesday, as power is restored to the Houston metro area," said John McKechnie III, NCUA director of public and congressional affairs. "Galveston-area credit unions continue to evidence the most damage and difficulty in restoring operations," he said. He added NCUA notes "a very high level of disaster preparedness among credit unions in the Texas and Louisiana coastal areas, with good implementation of contingent record-keeping and off-site operational ability plans." Hurricane Ike struck the Texas and southwestern Louisiana coastline on Saturday.
Other Resources

RSS print
News Now LiveWire
#FreeGasFriday courtesy of @tvfcu, TN #creditunions http://t.co/wDRFYJVlpz
10 hours ago
If you were unable to watch or attend @cuna 's @thehill Hill forum on Wed., you can now watch the archived version: http://t.co/FhUnp7HbU8
11 hours ago
Time is running out. If you haven't taken the #NewsNow readership survey, please click here now: http://t.co/4Gp6C2Wa4o
11 hours ago
African financial inclusion possible with mobile money: @IMFNews study http://t.co/0V5DTQToxY
12 hours ago
Louise Herring's birthday is Saturday. 105 years later, her legacy lives on through her kids http://t.co/oMqGADmo0d http://t.co/T3NmS9NqEY
12 hours ago