CUNA Mutual Group said Tuesday it has activated its Property and Casualty Disaster Claims teams to help credit unions in Louisiana, Mississippi and Alabama threatened by Tropical Storm Isaac.
The storm is expected to become a hurricane later Tuesday shortly before making landfall on the north cost of the Gulf of Mexico, perhaps on Wednesday, the seventh anniversary of Hurricane Katrina.
As it has in response to previous disasters, CUNA Mutual officials said they have developed a comprehensive, coordinated process for disaster response ready to handle claims.
“As a precaution, CUNA Mutual Group has contacted the state leagues and potentially affected policyholder credit unions located within 10 miles of the Louisiana/Mississippi coast,” CUNA Mutual said in a statement.
“We advised them we will continue to monitor the storm and have asked them to phone us using our toll-free emergency number (800.637.2676) if their credit union sustains any damages or if they are aware of any other credit unions that have been damaged,” the statement said.
That number is answered live, 24/7, CUNA Mutual said.
“Once the storm passes, we will follow up with credit unions we believe may have been impacted,” the statement said.
Scores of credit unions across metro New Orleans and in southwest Louisiana and on the Mississippi Gulf Coast closed early Monday and were expected to remain closed through Wednesday.
A large number handled member requests for cash and short-term loan assistance, the league said.
President Obama declared a state of emergency in Louisiana on Monday as that state and others along the Gulf Coast prepared for Isaac.
Forecasters said Isaac may intensify into a Category 2 hurricane with winds of about 100 mph by early Wednesday, with a projected path directly toward New Orleans. Isaac could become the first hurricane to hit the Gulf Coast since 2008.