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.
New Jersey, New York leagues say financial assistance need is great, thank the industry for its support.
Most credit unions on Long Island and the Westchester/Rockland areas, but a number of those credit unions are still facing some issues,
The aftermath is “unthinkable devastation” said New Jersey Gov. Chris Christie when describing the massive destruction left behind by Hurricane Sandy that blasted the East Coast in the evening of Oct. 29. The monster storm caused massive flooding throughout New Jersey, New York and Connecticut, igniting fires that destroyed...
Last Monday, Nov. 5, marked the first anniversary of Bank Transfer Day, a national grass-roots social media movement that motivated 664,000 consumers to join credit unions, leaving their rising big bank fees behind. What’s more, Bank Transfer Day’s unprecedented and widespread media coverage told the story of credit unions as...
The job is massive but help is being offered, and one metro NYC credit union got the lights on in the process.
A year has passed since Bank Transfer Day. How much was gained. Read all about in this preview from next week's print edition.
The New York Credit Union Foundation on Wednesday activated its relief fund to help disaster credit union staff and members impacted by Hurricane Sandy.
The storm passed two days ago and the devastation is such that industry leaders in New York and New Jersey are still unsure how bad things really are.