X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

WASHINGTON – NCUA and the other federal and state financial regulators are distributing LESSONS LEARNED FROM HURRICANE KATRINA: Preparing Your Institution for a Catastrophic Event to their regulated institutions. The booklet, just in time for hurricane season, outlines different financial institutions’ experiences in the aftermath of Hurricane Katrina and shares what they learned that other institutions could find helpful. The Federal Financial Institutions Examination Council and the Conference of State Bank Supervisors drafted it. Though financial institutions’ recovery and continuity plans generally worked well following Hurricane Katrina, the unprecedented destruction exceeded the expectations of some plans. Lack of communications made it difficult to locate missing personnel and restricted access to certain areas and energy shortages still disrupted some operations.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?

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 © 2020 ALM Media Properties, LLC. All Rights Reserved.