Search
 

NCUA Establishes Taskforce, Toll-Free Number Following Katrina

ALEXANDRIA, Va.-The NCUA Board announced that it has assembled a task force to address the fallout of Hurricane Katrina on credit unions and their members in Alabama, Louisiana, and Mississippi. A toll-free number and e-mail addresses have been established to allow credit unions, their members and vendors to inquire or...

X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

ALEXANDRIA, Va.-The NCUA Board announced that it has assembled a task force to address the fallout of Hurricane Katrina on credit unions and their members in Alabama, Louisiana, and Mississippi. A toll-free number and e-mail addresses have been established to allow credit unions, their members and vendors to inquire or provide information on the status of credit union operations in the affected areas. The hotline will begin service immediately and operate daily until further notice, the agency said. Toll-free number: 1-800-827-6282 Extensions: Alabama, Mississippi: x3049 Louisiana: x4049 Data Processing: x8049 E-mail addresses: Alabama: KatrinaAL@NCUA.GOV Louisiana: KatrinaLA@NCUA.GOV Mississippi: KatrinaMS@NCUA.GOV Additionally, NCUA notified federal credit unions that they may be able to assist other credit unions and non-members in the area affected by Hurricane Katrina under certain conditions: 1. A federal credit union may provide services to persons who are members of another credit union under their correspondent services authority. 2. Emergency financial services for non-members, including check cashing, access to ATM networks, or other services to meet short-term emergency needs of persons in the areas affected by Hurricane Katrina, can be provided under the authority to engage in charitable activities. Federal credit unions providing services on a charitable basis cannot charge more than their direct costs. -

Recommended Stories

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.