HOUSTON — Credit union regulators said, Wednesday, there are now 47 Texas CUs that remain non-operational, with many others functioning out of alternate work sites, shared branch centers or using backup generators.
"Of course, the biggest problem right now for our 15 non-operational is power and telephone outages and the fact that on Galveston Island and in places like Orange and parts of Houston, no one is allowed back in to assess damage," declared Harold Feeney, Texas CU commissioner.
The NCUA identified 32 FICUs considered non-operational and two that still have not been contacted. They were not identified but the NCUA in a statement said that "looking at member numbers, this means that 89% of affected members have access to at least some services."
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The NCUA concluded, "this is a major accomplishment given that Texas media is reporting that over 2.1 million residential customers are still without power."
Feeney said no one has been able to assess damage of the $9 million Galveston Government Employees CU, the lone CU on the island because of city orders to stay away. That CU is operating out of another county building, he said.
"Damages caused by Hurricane Ike are far greater and more widespread than almost all other Category 2 hurricanes we've seen in recent years," said Phil Tschudy, CUNA Mutual Group's media relations manager.
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