New Jersey credit union leaders were working Tuesday to assessthe aftermath of Hurricane Sandy while some credit unions werestepping up and waiving fees.

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The super storm blasted through the Garden State on Monday,including devastating storm surges that caused extensive floodingthroughout the Jersey shoreline cities including Atlantic City andJersey City and towns along the Passaic River.

New Jersey media reported that more than 2.4 million New Jerseycustomers have no power and many roads were still closed.

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Paul Gentile, president/CEO of the New Jersey Credit UnionLeague, said Tuesday morning that he had not yet received reportsof flooding or wind damages at credit unions.

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The NJCUL office in Hightstown was closed Tuesday and so aremany credit unions across the state, Gentile said.

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“We have been unable to access our branch in Northfield but havebeen told there is no apparent damage on the outside,” saidVirginia Williams, president/CEO of the $117 million Jersey ShoreFederal Credit Union in Northfield. “We also have a branch in RioGrande in a strip mall. This is just four miles outside Cape May(but) no word on the status of that branch yet.”

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Cape May is a small seaside city on the southeastern tip of NewJersey and was battered by the hurricane like other cities alongthe Jersey coastline.

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“The Jersey Shore Federal Credit Union board and staff'sthoughts and prayers are with all those that have suffered in thepath of Hurricane Sandy,” said Williams. “We are here to helpyou. As soon as we can access the building (in Northfield),we will have disaster recovery loans available. During thistime all member fees will be waived for those affected by HurricaneSandy.”

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The $230 million First Atlantic Federal Credit Union inEatontown also said it is waiving fees through Tuesday for allmembers, including overdraft protection, extended overdraft,returned item and insufficient funds fees for all depositaccounts.

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Late fees also will be waived for business and consumer loans,including mortgages, home equity and auto loans.

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“We hope these efforts can play a small part in easing some ofyour concerns following the storm,” First Atlantic FCU said in astatement posted on its website. “We are committed to doingwhat we can for our members who have been impacted.”

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