The CUNA Technology Council has produced its first "video white paper" that documents the stories of how four credit unions survived the aftermath of major natural disasters, including the Moore, Okla., tornado in May, Superstorm Sandy in 2012 and Hurricane Katrina in 2005
Titled, "Disaster Recovery & Business Continuity: Are You Prepared?," the hour-long video features the $2.1 billion Keesler FCU in Biloxi, Miss., the $400 million Nassau Financial FCU in Westbury, NY, the $325 million McGraw-Hill FCU East Windsor, N.J., and the $3 billion Tinker FCU in Oklahoma City, Okla.
Credit union executives from each cooperative describe what the impact the storms had on their financial institution, staff, and members. They also discuss how their disaster recovery/business continuity plans helped return them to operations, and how they aided members who needed financial assistance to rebuild their lives.
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