PASCAGOULA, Miss. (2/28/08)--Credit unions' cooperative nature received the credit for helping Jackson County CU (JCCU) rebuild after Hurricane Katrina hit the Pascagoula, Miss., area in 2005. The credit union held its official rededication Tuesday at its new home. Hurricane Katrina dumped 312 feet of water inside JCCU's office. The credit union didn't have flood insurance because it wasn't required, said President/CEO Lora Michael (Gulflive.com
and Mississippi News
Feb. 27). In the wake of the storm, Michael and her staff used the back of her SUV in the parking lot to give members their money after the storm. In November, JCCU will celebrate its 48th anniversary, thanks to a few credit union friends:
* Singing River FCU and Singing River Hospital Systems CU allowed JCCU to share their drive-through windows. * Keesler FCU helped place a trailer on land JCCU had bought for a new branch a year before Katrina hit. * The Mississippi Credit Union League arranged for Bellco CU in Colorado and Bethpage FCU in New York to "adopt" JCCU. They created an account for JCCU at Office Depot to get whatever it needed and to purchase office furniture and rebuild.
"You can see all the hands the credit unions gave us," Michael told the local newspaper. She noted it was a "privilege and a blessing" to be part of the nonprofits' fellowship with family-oriented business practices. The new branch houses four employees, two teller windows and a drive-through service. The credit union serves about 660 members, including members from the U.S. Post Office, SupShips and National Oceanic Atmospheric Administration.