In an email message to members Tuesday night, Shawn Gilfedder, president/CEO of the $293 million McGraw-Hill Federal Credit Union said its headquarters in East Windsor, N.J. will open Wednesday on auxiliary power, while two branches in New York City may reopen and another will remain closed in the aftermath of Superstorm Sandy.

“Our 55 Water Street branch (New York City) appears to have suffered the worst of the storm, forcing complete evacuation of the building,” Gilfedder wrote in the email. “Therefore, we're unable to open the branch and will communicate further updates as they become available.”

The credit union intends to open branches at the 2 Penn Plaza and 1221 Avenue of the Americas on Wednesday.

“However, given the unpredictable nature of mass transit, we may be unable to do so,” wrote Gilfedder.

McGraw-Hill FCU's primary and back-up phone lines are currently unavailable as Verizon, Comcast, and many of the major carriers are trying to restore communications throughout the region. The credit union's email system is operating. However, detailed account access via online, mobile, and telephone services remains unavailable at this time, according to Gilfedder.

“I want to assure you, over the past two days, we have processed and will continue to process payroll, check deposits, ACH transactions, and confirmed bill payments despite the effects of Hurricane Sandy,” Gilfedder wrote.

“Our priorities during this unprecedented time are to ensure the safety and well-being of our employees, as well as the safety and soundness of your funds. We apologize for any inconvenience this storm has brought you and your family as we assess the damages Hurricane Sandy has caused McGraw-Hill FCU,” he wrote.

SANDY NEWS: Oct. 30, 2012 West Virginia Credit Unions Open in the Snow
SANDY NEWS: Oct. 30, 2012 Ohio, Pennsylvania, Virginia Check In
SANDY NEWS: Oct.30, 2012 CUNA Mutual Awaits Damage Reports
SANDY NEWS Oct. 30, 2012 Insurers: Big Storm Raises Big Questions
SANDY NEWS Oct. 30, 2012 Belvoir FCU Steps Up in Virginia
SANDY NEWS Oct. 30, 2012 CFA Issues Tips for Insurance Claims
SANDY NEWS Oct. 30, 2012 Navy Federal Shuts Down Base Branches
SANDY NEWS Oct. 30, 2012 CO-OP Says Shared Branching Working
SANDY NEWS Oct. 30, 2012 Assessing Impact, Waiving Fees in NJ
SANDY NEWS Oct. 30, 2012 UWCU Offers Loan Help, Giving Opportunity
SANDY NEWS Oct. 30, 2012 NCUA Offers Emergency LICU Grants
SANDY NEWS Oct. 30, 2012 NCUA Canvassing Storm-Hit CUs
SANDY NEWS Oct. 30, 2012 NCUA Working from Home
SANDY NEWS Oct. 30, 2012 CUANY, MCU Closed Tuesday
SANDY NEWS Oct. 30, 2012 SkyOne FCU Offers Lending Help
SANDY NEWS Oct. 29, 2012 Data Recovery Alone Not Enough
SANDY NEWS Oct. 29, 2012 PCU, MCU to Stay Closed Tuesday
SANDY NEWS Oct. 29, 2012 Maine Hunkers Down, Two NJ CUs Shut Down
SANDY NEWS Oct. 29, 2012 New Englanders Shut Down, Ohio on Guard
SANDY NEWS Oct. 29, 2012 Sandy Could Be Among Costliest to Insurers
SANDY NEWS Oct. 29, 2012 New Jersey CUs Battened Down
SANDY NEWS Oct. 29, 2012 Ongoing Operations Says Client CUs Ready
SANDY NEWS Oct. 29, 2012 National Federation, MCU Shut in New York
SANDY NEWS Oct. 29, 2012 Blizzard Begins in West Virginia
SANDY NEWS Oct. 29, 2012 Navy Federal Closes 20 Branches
SANDY NEWS Oct. 29, 2012 Connecticut League, Pa. CUs Closed
SANDY NEWS Oct. 29, 2012 Washington Hunkered Down
SANDY NEWS Oct. 29, 2012 Storm Shuts Stock Exchanges
SANDY NEWS Oct. 29, 2012 Help CU Times Cover the Storm
SANDY NEWS Oct. 29, 2012 PSCU Offers Call Center Help
SANDY NEWS Oct. 29, 2012 PCUA, Virginia Closings as Storm Looms
SANDY NEWS Oct. 26, 2012 NCUA Issues Warning, Pledges Help
SANDY NEWS Oct. 26, 2012 CUNA Mutual, Leagues Brace for Storm
SANDY NEWS Oct. 26, 2012 NC, RI, NY Leagues Warily Eye Sandy

Instant Insights /

Hurricane Sandy: McGraw-Hill FCU Opens in the Aftermath of Superstorm

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