BATON ROUGE, La. — If nothing else, the shutdown and disruptions last week at Louisiana and Mississippi credit unions caused by Hurricane Gustav demonstrated anew that disaster preparedness can work well.
And considering that Hanna, Ike and Josephine were looming in an active Atlantic hurricane season as of press time, it was a good thing, said CU managers.
"With maybe just a few minor changes, our planning paid off, and let me say it also did as well for Katrina," declared Susan Parry Leake, president/CEO of the $340 million LA Capitol FCU. LA Capitol was forced to close more than half of its 15 statewide branches and operate with a skeleton crew after the storm hit.
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