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VAHNOLA CU Still Fighting to Survive After Katrina

It's been an arduous two years for VAHNOLA Federal Credit Union after Hurricane Katrina pummeled the city of New Orleans in the summer of 2005.

By Michelle A. Samaad | Updated on August 29, 2007

NEW ORLEANS — It’s been an arduous two years for VAHNOLA Federal Credit Union after Hurricane Katrina pummeled the city of New Orleans in the summer of 2005.

The $2 million credit union serves the former VA Medical Center here, which is now called the Southeast Louisiana Veterans Health Care System. Prior to the hurricane, the CU was provided space at no cost by the center. After Katrina, VAHNOLA lost equipment and most files. Upon returning to the city in January 2006, the CU has been operating out of a cubicle that was provided by a neighboring credit union.

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