More than 80 of Puerto Rico’s island chartered and insured credit unions—known as cooperativas—are now operating during reduced hours in order to conserve fuel for their generators, José Julián Ramírez Ruiz, executive director of the Asociación de Ejecutivos de Cooperativas de Puerto Rico said Wednesday.

Ruiz added, however, that some two weeks have passed since Hurricane Maria devastated the island, and his association of credit union executives still has not been in contact with ten small credit unions.

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David Baumann

 

Credit Union Times

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