Federal Emergency Management Agency

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  New York: Empire State Credit Unions Ride Out the Storm

  By Candice Reed  |  April 10, 2013

  The other good news for the Empire State is that 73% of its credit unions reported a positive return on assets as of Dec. 31, 2012. Statewide, New York’s credit unions earned an average ROA of 87 basis points, slightly higher than the national average of 86.

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  New York: Empire State Credit Unions High and Dry Despite Storm

  By Candice Reed  |  April 3, 2013

  New York state credit unions best national ROAA average by a point while absorbing Sandy's blow.

• National Flood Insurance Program Working on Affordability

  By Arthur D. Postal  |  March 29, 2013

  FEMA sub-agency director says installment plan being worked on, along with studies on affordability and privatization.

• Flood Insurance Program 'One Large Event' From Needing More Fed Bailout

  By Arthur D. Postal  |  March 15, 2013

  Mississippi insurance commissioner makes that observation, while FEMA says agency continues to eye NFIP privatization.

• New York Congressmen Eye Extending Flood Insurance Premium Curbs

  By Arthur D. Postal  |  March 14, 2013

  Bill would slow rate of increase in NFIP premiums in areas that had been declared disasters.

• National Flood Insurance Program Gets Borrowing Boost

  By Arthur D. Postal  |  January 4, 2013

  Legislation increases borrowing authority by one third, draws Republican ire and promises to take NFIP private.

• Hurricane Sandy: Obama to Seek Flood Insurance Borrowing Expansion

  By Arthur Postal  |  November 16, 2012

  Claims from superstorm to outstrip NFIP's borrowing authority.

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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: National Flood Insurance Program Will Need More Borrowing Authority

  By Arthur D. Postal  |  November 6, 2012

  NFIP will likely need to go to Congress for additional borrowing authority to pay claims, insurance industry officials say.

• Hurricane Sandy: CUNA Mutual Says 25 Claims So Far

  By Marc Rapport  |  November 1, 2012

  CUNA Mutual said Thursday it has received damage reports from about 25 credit unions in seven states and expects that number to rise.