Credit unions in two states hit by natural disasters, theColorado wildfires and north Florida flooding, were being forcedWednesday to close branches, ready emergency precautions and mapout financial assistance programs to help out member victims.

As evacuation orders continued in fire zones near ColoradoSprings and Fort Collins and with roads flooded out in thePanhandle and the Jacksonville area, some credit union employeeswere unable to get to work prompting shuttering of someoffices.

The $420 million Air Academy FCU said the campus only five milesfrom the Waldo Canyon blaze was barring employees from entering thepremises, triggering AAFCU to shut down its branch for the day.

Continue Reading for Free

Register and gain access to:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts.
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders.
  • Educational webcasts, white papers, and ebooks from industry thought leaders.
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.