hurricane aftermath

• Insurance Trades Hail Flood Program Borrowing Boost

  By Arthur D. Postal  |  January 9, 2013

  Obama signed expansion into law over the weekend; Sandy claims cited as cause for concern.

• Hurricane Sandy: Freedom CU Makes 670 Emergency Loans

  By Marc Rapport  |  December 7, 2012

  Philadelphia's Freedom Credit Union said loans totaled $650,000 of the $2 million it set aside for emergency relief lending.

• Hurricane Sandy: SBA Approves $150 Million in Disaster Loans

  By Michelle A. Samaad  |  December 7, 2012

  A month after Hurricane Sandy’s devastation, the SBA said it has approved more than $150 million in disaster loans in four states.

• Hurricane Sandy: NCUF Raises $230,000 in CUAid

  By Peter Strozniak  |  November 28, 2012

  More than $100,000 has been distributed to about 90 credit union members, employees and volunteers.

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  5 Lessons From Hurricane Sandy’s Aftermath

  By Peter Strozniak  |  November 26, 2012

  Experts discuss lessons from MCU’s issues. MCU President/CEO Kam Wong discusses what his credit union has learned not to do next time.

• Hurricane Sandy: CU Xpress Lease Sees 200% Surge in Car Leasing

  By Michelle A. Samaad  |  November 20, 2012

  GrooveCar joint venture says post-Sandy numbers up sharply as drivers replace flood-wrecked vehicles.

• Hurricane Sandy: NCUA, FDIC, Fed, Comptroller Issue Guidance

  By Peter Strozniak  |  November 16, 2012

  Prudent efforts by institutions to meet customers’ cash and financial needs generally will not be subject to examiner criticism, the guidance said.

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  Hundreds Of CUs Swallowed By Darkness: Hurricane Sandy

  By CU Times Reporters  |  November 14, 2012

  Of the 2,000 credit unions located in the path of Hurricane Sandy, 838 were unable to operate, in varying degrees, during the difficult days following the super storm, according to the NCUA. And it took nearly a full week before most of those credit unions were be back in business...

• Hurricane Sandy: NYCUF Raises More than $70,000 For Relief

  By Marc Rapport  |  November 13, 2012

  The Credit Union Association of New York said more than $70,000 raised by its foundation's disaster relief fund to help victims in the industry.

• Hurricane Sandy: Willis Re Says Suprisingly Low Wind Damage

  By Mark Ruquet  |  November 12, 2012

  Despite the high winds recorded from Superstorm Sandy, wind damage from the storm was “surprisingly minor,” a report says.