With a handful of exceptions, credit unions were, as one Alabama CEO put it, "blessedly extremely lucky" in escaping personal injury or major property damage from the devastating tornado sprees of the past several days.
CUs across the South were putting their best community foot forward in providing loan assistance packages to victims of this week's violent storms destroying whole communities in northern Alabama, rural Mississippi, Georgia and elsewhere.
"I got back home and was so saddened to see so many homes and businesses devastated with whole subdivisions wiped away," said Stephen Swofford, president/CEO of the $410 million Alabama CU of hard-hit Tuscaloosa, where dozens lost their lives.
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