In a year when hurricanes and fires devastated pockets of thecountry, credit unions and their CUSOs reached out to help theirneighbors – from running call centers to sending extra money.

Harvey triggered a state of emergency in Texas Aug. 23, and fromthe time it struck Houston Aug. 25 through hurricanes Irma andMaria, and until the last fires were under control in northernCalifornia by the end of October, at least 400 Americans had beenkilled. In their wake was billions of dollars of damage andthousands were left homeless, and in Puerto Rico half of its 3.4million U.S. citizens were still without power in lateNovember.

The U.S. Army Corps of Engineers has estimated 25% of theisland's residents will still be without power at the end ofJanuary.

Continue Reading for Free

Register and gain access to:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts.
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders.
  • Educational webcasts, white papers, and ebooks from industry thought leaders.
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Jim DuPlessis

A journalist for decades.