BATON ROUGE, La. — As evacuated credit union employees start returning to their jobs Thursday, latest reports show an estimated 40 CUs in central and southern Louisiana are still not fully operational, according to regulators.
Out of 200 CUs in the affected areas, 160 are known to be conducting normal business, said a spokesman for NCUA in Washington, citing continuing problems in reaching CU managers and their staffs struggling to reopen facilities closed by widespread power outages.
The Louisiana Credit Union League, headquartered in the New Orleans suburb of Harahan, said it plans to reopen today with a skeleton crew and a formatted data base to "get a good handle on credit union needs" during the crisis brought by Hurricane Gustav.
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