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News Now

CU System
CU amid Joplin rebound from tornado
JOPLIN, Mo. (8/23/11)--Great Plains FCU is among the Joplin, Mo., business rebounding from the May 22 tornado that devastated the city and killed 89 people. The $287 million asset credit union filed a $3.2 million permit in June to repair its building and is about 50% completed with repairs, according to President Ken Martin (Associated Press via The Joplin Globe Aug. 22) A massive tornado struck the town of Joplin, Mo., May 22 leaving the business district demolished and nearly one-third of the community devastated in its wake (News Now May 24). Great Plains FCU suffered water damage after its air conditioning and roof were hit by the tornado. Since the storm, Great Plains FCU has been operating out of a temporary modular unit. Martin estimates the credit union will be back in its former building in about a month and half. Businesses near Great Plains FCU are also rebuilding. Walgreens re-opened two stores on Aug. 15 and AT&T recently opened a 5,000-square-foot retail store. The city of Joplin issued building permits valued at $27.2 million in June, which means the city had twice as much construction during the month as it saw in the first six months of the city’s fiscal year. To read the article, use the link.
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