FAIRFAX, Va. – Small credit union core processing specialist FedComp Inc. says 129 of its 132 client credit unions in the Gulf State areas hard hit by Hurricane Katrina are either up and running or soon will be, the company says. “Only three remain uncertain,” says FedComp President Derrick Smith. He says the company has provided disaster recovery services to 12 of those credit unions and has established a hot line and Web site update system at www.fedcomp.com to help client credit unions staff and members, the NCUA and others stay in touch. Smith says he also wanted to give special mention to State Department FCU, an $800 million Summit Information Systems client in Alexandria, Va., for donating 10 new PCs and printers for small credit unions served by FedComp in the region. “They haven’t just offered to pick up the tab – they’ve sent staff to the local computer retailer, purchased the equipment, and then hand delivered it to us for configuration and immediate delivery to the credit unions in need,” says Smith, whose company serves more than 1,400 small credit unions. “I don’t know whether they’ve helped other CUs through other channels, but I’ve seen a tremendous heart working through this one.” Smith also cited what he called the “tireless efforts” of the NCUA, naming Dave Marquis, Roger Blake and Matt Bilouris of the Office of Examination and Insurance. “I haven’t had much of an opportunity to work with the regional offices that are impacted there, though I see the fruits of their labor,” Smith added. “Roger has been our primary contact and as hard as I like to think I try, I haven’t able to out-work him – he seems to be in and available before the sun is up and has at times been at it well after the rest of us are at home. “He’s been invaluable in coordinating vendor response, helping to locate credit union staff, recruiting benefactors to help CUs in need. This team is extraordinarily focused on getting the credit unions up and running and serving their members.”

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