Whether you believe that climate change or some other natural phenomenon is increasing the frequency and intensity of natural disasters, it didn't really matter for credit unions, employees, members and their communities in Texas, Florida, Puerto Rico, the Virgin Islands and California that suffered under nature's fury.
From August to October, four major natural disasters, Tropical Storm Harvey in southeast Texas, Hurricane Irma in the Virgin Islands and Florida, Hurricane Maria in Puerto Rico and the California wildfires, left behind a devastating path of destruction that shut down and damaged credit unions, or destroyed the homes of credit union executives, employees and members.
What matters now are the ongoing recovery efforts and reflections of lessons learned that could help credit union executives prepare for the next inevitable natural disaster that may be headed their way.
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