Experts discuss lessons from MCU’s issues. MCU President/CEO Kam Wong discusses what his credit union has learned not to do next time.
Prudent efforts by institutions to meet customers’ cash and financial needs generally will not be subject to examiner criticism, the guidance said.
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...
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.
Despite the high winds recorded from Superstorm Sandy, wind damage from the storm was “surprisingly minor,” a report says.
This year’s fourth annual Bethpage Turkey Drive in Long Island, N.Y., will do more than collect turkeys and canned goods for residents in need.
First Data Corp said it will reimburse ATM fees from its Money Network ATMs in 14 states most impacted by Hurricane Sandy.
Christian Community Credit Union said it has donated $10,000 to Hurricane Sandy relief efforts through American Baptist Churches USA's "One Great Hour of Sharing" offering.
Agency donates clothing, water and dry goods for delivery to New Jersey Credit Union League and distribution from there.
Oregon credit union also will be accepting donations at its 22 branches.