Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

CU System
Alabama storm damages CU
BIRMINGHAM, Ala. (1/25/12)--A tornado that touched down in Alabama Monday ripped a large portion of the roof off the main branch of Secure First CU in Birmingham, Ala., and also did structural damage to the drive-thru, second floor and front entrances. The credit union is closed.

A tornado that touched down in Alabama Monday ripped a large portion of the roof off the main branch of Secure First CU in Birmingham, Ala., and also did some structural damage to the drive-thru, second floor and front entrances. (Photo provided by the League of Southeastern Credit Unions)

Click to view larger image
Secure First has two other branches--one in Birmingham and one in Brookwood, Ala.

"Thus far, no employees at Secure First have been displaced. They were just unable to come out of their homes yesterday due to debris and surface damage," Amy Jowers, director of information services for the League of Southeastern Credit Unions, told News Now.

"We are picking up a mobile branch today and will deliver it to Secure First on Thursday. The mobile branch is owned by Pen Air FCU [in Pensacola, Fla.] They are lending it to Secure First to use until things are back up and running."

A press report that an employee of the $379 million asset Secure First CU lost a home in the tornado isn't true, Jowers added. Secure First CEO Jordan Sullivan said Tuesday afternoon that no employees lost their homes.

However, Birmingham-based Legacy Community FCU employees have had some tremendous losses, Jowers said. No specifics were available at press time.  Everyone still seems to be in the assessment stage, Jowers said.

The tornado destroyed or damaged hundreds of homes, leaving two people dead. The National Weather Service confirmed that a tornado with winds estimated at 150 mph touched down near the town of Clay, Ala., early Monday. The storm destroyed at least 211 homes and seriously damaged another 218, according to the American Red Cross in Alabama (CNN.com Jan. 24).

Seven Alabama counties reported damage from the storm, with most occurring in Jefferson and Chilton counties. Five schools still were closed Tuesday in Jefferson County, including one that will have to be razed, said CNN.com.
Other Resources

RSS





print
News Now LiveWire
About 1 in 5 #CUs offer credit-building loans,@SchenkMike @CUNA vice president of economics and statistics, told @CreditCardsCom
5 hours ago
RT @CUNA: DDoS attacks shorter, intense, more expensive: @VERISIGN HT @newsnowlivewire http://t.co/QiQKIEjK5v
5 hours ago
RT @CUNA: .@CUNACouncils launches new website. Offering site tours to current members. Check it out! http://t.co/YFJA1tKIxn
5 hours ago
.@Discover to support #ApplePay by fall http://t.co/3wDjkOVU7P HT @Forbes
7 hours ago
.@HUDgov requires investors to delay foreclosure for a year and offers a non-profit only pool sale http://t.co/WYzQrTL3QA
10 hours ago