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CU employees members directly affected by Wash. floods
FEDERAL WAY, Wash. (12/7/07)--Jeff Kennedy, senior vice president/CEO for Twin Star CU in Olympia, Wash., hasn’t heard from some of his employees since floodwaters began engulfing parts of the state. “Today is the first day some of them have gotten to work,” he said. The floods, which were caused by rainstorms in the Pacific Northwest, affected operations in four Twin Stars branches. The branches closed intermittently due to power outages. Many of the credit union’s members and employees have been affected by the flooding, and Kennedy said the credit union is working to help them. “We’re trying to get our arms around what we can do to help,” he said. “We’re putting together plans and programs to best meet the needs of people in our communities.” Twin Star is currently identifying members and employees directly affected by the flooding. The credit union is setting up a program for members to contribute money and supplies to the Red Cross, and it also will activate a program to extend loan terms to affected members. The Washington Credit Union League (WCUL) is working to help credit unions affected by the floods, said David Bennett, director of public relations. Aside from Twin Star, Washington State Employees CU (WSECU) reported to the league that it had closed two of its branches this week. The Chehalis branch was closed due to high water levels, and the West Olympia branch, which is located on the second floor of a building, closed because the first floor had flooded. Neither branch sustained damage, “and remarkably, none of their employees were affected directly,” Bennett said. “This has enabled the credit union to turn outward to the community and it is in the process of launching a clothing drive,” he said. The league is waiting to hear from other credit unions affected by the flooding. Bennett said that some of those credit unions are in Aberdeen, which was “completely cut off from the outside world,” Bennett said. The Washington Credit Union Foundation has been very supportive and is standing by to respond to requests for help, Bennett said. The flooding death toll has risen to eight, with damage estimates in the billions (Associated Press Dec. 6).


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