About two hurricanes hit the United States every year, according to the National Oceanic and Atmospheric Administration. And according to FEMA, only 11 states avoided their wrath between 1851 and 2012: The rest either bore the brunt of the storms or fell prey to their aftermath.
That puts a lot of credit unions at expensive risk, considering the average hurricane causes $1.8 billion in damage.
But simply having a business continuity plan doesn't mean a credit union is ready to take on a hurricane.
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