The NCUA may be officially closed along with other federaloffices Tuesday, but many employees are working remotely and alsodid Monday, Public Affairs Specialist John Fairbanks said.
|The agency Monday activated its National Continuity ofOperations plan, and Fairbanks said the NCUA stands by ready toassist credit unions affected by Hurricane Sandy.
|The NCUA's Office of Small Credit Union Initiatives alertedlow-income designated credit unions in the storm's path they areeligible for Urgent Needs grants to help pay to get back up andrunning to serve members, Fairbanks said.
|Also Monday, Chairman Debbie Matz participated in a telephonemeeting of the Financial Stability Oversight Council convened byTreasury Secretary Tim Geithner.
|Fairbanks said FSOC members discussed financial markets andinfrastructure as Hurricane Sandy approached the Eastcoast.
|The NCUA released news Monday afternoon that it had officiallyclosed U.S. Central, sending the release as hurricane force winds blewthrough the Washington area.
|CUNA and NAFCU employees also worked remotely Monday andcontinue to do so Tuesday. Washington's Metro public transportationsystem will resume regular service Wednesday, which will likelymean the return of federal workers.
|Power outages weren't as bad as forecasted in the area: DominionVirginia power reports the biggest hit, with more than 100,000customers out of a total 2.5 million without power in NorthernVirginia. In the Maryland suburbs, 27,500 were without powerTuesday morning, and some 3,000 are without lights in theDistrict.
- SANDY NEWS Oct. 30, 2012 CUANY, MCU Closed Tuesday
- SANDY NEWS Oct. 30, 2012 SkyOne FCU Offers Lending Help
- SANDY NEWS Oct. 29, 2012 Data Recovery Alone Not Enough
- SANDY NEWS Oct. 29, 2012 PCU, MCU to Stay Closed Tuesday
- SANDY NEWS Oct. 29, 2012 Maine Hunkers Down, Two NJ CUs ShutDown
- SANDY NEWS Oct. 29, 2012 New Englanders Shut Down, Ohio onGuard
- SANDY NEWS Oct. 29, 2012 Sandy Could Be Among Costliest toInsurers
- SANDY NEWS Oct. 29, 2012 New Jersey CUs Battened Down
- SANDY NEWS Oct. 29, 2012 Ongoing Operations Says Client CUsReady
- SANDY NEWS Oct. 29, 2012 National Federation, MCU Shut in NewYork
- SANDY NEWS Oct. 29, 2012 Blizzard Begins in West Virginia
- SANDY NEWS Oct. 29, 2012 Navy Federal Closes 20 Branches
- SANDY NEWS Oct. 29, 2012 Connecticut League, Pa. CUsClosed
- SANDY NEWS Oct. 29, 2012 Washington Hunkered Down
- SANDY NEWS Oct. 29, 2012 Storm Shuts Stock Exchanges
- SANDY NEWS Oct. 29, 2012 Help CU Times Cover the Storm
- SANDY NEWS Oct. 29, 2012 PSCU Offers Call Center Help
- SANDY NEWS Oct. 29, 2012 PCUA, Virginia Closings as StormLooms
- SANDY NEWS Oct. 26, 2012 NCUA Issues Warning, PledgesHelp
- SANDY NEWS Oct. 26, 2012 CUNA Mutual, Leagues Brace forStorm
- SANDY NEWS Oct. 26, 2012 NC, RI, NY Leagues Warily EyeSandy
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