DES MOINES, Iowa — A half dozen Iowa credit unions Wednesdaywere closing down branches and evacuating facilities following thecalamitous river and reservoir floods which have borne down oncities across the state, the Iowa Credit Union League reported.
|“We really have a serious situation on our hands today,” saidleague staffer James Jim Niederhauser, who serves as director ofcredit union growth.
|Among CUs identified by the league as impacted by the floodingwere Cedar Falls Community CU, Iowa Community CU, Waterloo, and DesMoines Metro CU.
|“I expect more disruptions as the day goes on and we're hearingfrom a lot of people who want to help,” said Niederhauser. CedarFalls Community CU reportedly has shut its downtown branch withmany businesses in the northwest Iowa City closing down.
|That comes despite national news reports that a levee protectingthe city from the Cedar River had held overnight though water hadbeen seeping under sandbags.
|The league said it is “doing all we can to keep communicationlines open” with all impacted CUs.
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