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News Now

CU System
Minnesota tornado damages CUs roof
HUGO, Minn. (5/29/08)--Tornados that struck Minnesota and Iowa Sunday damaged a Postal CU branch’s roof. The Hugo, Minn., branch of the $480 million asset, Woodbury, Minn.-based credit union, sustained some minor interior water leaks, a CUNA Mutual Group inspector determined. The inspector said that the roof likely will need to be replaced. “We also sustained some minor hail damage to our windows,” Russell Plunkett, Postal CU president/CEO, told News Now. “We came out [of the tornados] in really good fashion. We’re structurally safe and sound.” The Postal CU branch has power, is fully operational and is open for business. The hardest hit towns were Hugo--a suburb of St. Paul with a population of roughly 12,000--and three towns in Iowa: Parkersburg (population 1,900), New Harford (population 650) and Dunkerton (population 800), according to CUNA Mutual.
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