The list of New Jersey credit unions re-opening Thursday after the devastation of Hurricane Sandy is getting longer thanks to power being restored in some areas, auxiliary generators and the work of credit union employees.

However, some credit unions are still closed because of power outages that continue to plague the Garden State.

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The New Jersey Credit Union League Thursday provided new updates it has received from some of its member credit unions:

1st Bergen FCU – Equipment and facility OK, but no power. Opening limited hours Thursday and Friday, if necessary, at one of its other sponsor sites.
ADP FCU – Roseland office open and operational.
Affinity FCU – Following ranches will be open from 9 a.m. to 3 p.m.: Basking Ridge, Piscataway, Cedar Knolls, Flemington, Hillsborough, Edison (all other branches remain closed. Online banking is unavailable, but the credit union is working to restore it as quickly as possible.
Atlantic FCU – Kenilworth office is without power; will open once power is restored.
Bay Atlantic FCU – Operational and all systems are functioning properly. Used disaster recovery/business continuity plans to service members on Monday.
Bridgeton Onized FCU – Open but no email. Used disaster recovery/business continuity plans to service members on Monday.
Central Jersey FCU – Woodbridge office open and fully operational; South Plainfield office closed until power is restored.
Credit Union of New Jersey – Operational at its main office and branch in Ewing as well at its Lafayette Branch and Willingboro Branch.
Essex County Teachers FCU – Credit union has power, phone, and DP communications; reported that many shared branching CUs aren't available on the network, communicated these issues to NCUA.
Financial Resources FCU – Experienced power and telecommunications outages. All branches in N.J. remain closed as a result of the outages, but otherwise suffered little to no damage. All locations outside of N.J. are operational and processing normally otherwise. The CU's Web site, mobile, mobile apps, text messaging and other electronic services are up and running.
First Financial FCU – Toms River Branch opened at 9 a.m. today. All other offices and branches will remain closed until further notice.
Hamilton Horizons FCU – Closed due to power outage. All back office transactions, including ACH, checking and ATM are still being done.
Garden Savings FCU – Parsippany branch re-opened; Newark branch without power and is closed.
Jersey Central – Cranford office open.
Jersey Shore FCU – All offices are fully operational.
McGraw-Hill FCU – 2 Penn Plaza, 1221 Ave. of the Americas, and East Windsor branches are now open and operating under normal business hours. Verizon is still down at East Windsor branch so credit union can't get member info out. 55 Water St. branch is still closed due to the forced evacuation of the building.
MidState FCU – Credit union has remained closed due to thefts and no power in Carteret; posting remotely all ACH drafts, etc. Will attempt to hire off duty police to sit with the staff so that it can open for Friday.
North Jersey FCU – All branches open.
Parlin DuPont FCU – Now have power but no phone/Internet; making due with file transfers and PBF.
Picatinny FCU – Main branch in Rockaway and Denville branch are fully operational. The arsenal had a delayed opening of noon yesterday and the Mt. Olive branch is closed due to power outage. The credit union has allowed NJCUL Business Consultant Angel Santos to work at the Rockaway office for the time being.
Rancocas FCU – Open and operational.
Renaissance CDCU – Credit union has been shut down without power, Internet access, phones, etc. since Monday. Hopefully the power will be back on in the area of the credit union by the end of the day so it can begin processing ACH, share drafts and ATMs.
Rutgers FCU – Busch is open, College Avenue is running on a limited schedule, Newark is closed. All services available.
United Teletech FCU – Tinton Falls branch is currently open for business; all other locations are closed pending the restoration of power to those locations.
West Orange Municipal FCU – Has a generator and should be able to continue operations with little interruption going forward.
XCEL FCU – Bloomfield, N.J. office OK, but most branch staff depends on PATH and NY subways for transportation. Fed Plaza branch in Manhattan, and Journal Square branch in Jersey City will remain closed until further notice. Branch at 3680 Kennedy Blvd. in Jersey City is open. All ACH and share drafts were posted remotely each day.

“Many (CUs )are still conducting ACH and online transactions even if their offices and branches are closed, and are encouraging their members to use online and mobile banking in the meantime,” NJCUL President/CEO Paul Gentile said in a statement Thursday.

Assistance is available to those credit unions that need it, said the NJCUL.

Residents and business owners in eight New Jersey counties that were severely affected by Superstorm Sandy can start applying for federal assistance on Thursday.

The money was made available as part of a disaster declaration signed Tuesday by President Barack Obama. It provides federal funds for those affected by the storm in Atlantic, Cape May, Essex, Hudson, Middlesex, Monmouth, Ocean and Union counties.

Assistance can also include grants for temporary housing and home repairs or low-cost loans to cover uninsured property losses. Funding also is available to government agencies and certain private nonprofit organizations within the declaration zone.

Residents and business owners who sustained losses within the declaration zone can apply for assistance online at www.disasterassistance.gov or by calling 1-800-621-FEMA (3362) or 1-800-462-7585 (TTY) for the hearing and speech impaired.

Instant Insights /

Hurricane Sandy: New Jersey Credit Unions Continue Recovery

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