ATLANTA — To ensure that credit unions and banks are ready todeal with emergency preparedness, disaster recovery or businesscontinuity issues, the Georgia Department of Banking and Financehas established the GeorgiaFirst Recovery Coalition.

The regulator is encouraging all of Georgia's financialinstitutions to join the coalition, which will work to establish analliance with the Georgia Emergency Management Agency and otherpublic safety agencies for exchange of information and resources inorder to act more quickly following a disaster or an eventaffecting financial services. The department said it is planningthree more kick-off meetings throughout Georgia over the next 45days.

The coalition also aims to address homeland security issues thatwould require a collective response from Georgia's financialinstitutions. Methods and procedures for credentialing crisismanagement teams at Georgia's credit unions and banks would also beestablished.

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

  • Critical 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 and

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.