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News Now

CU System
More CUs in storms path close in Florida
TALLAHASSEE, Fla., and MADISON, Wis. (8/21/08)--Tropical Storm Fay's slow, soggy march across east Central Florida closed more credit unions but as of 8 p.m. EDT Wednesday, none had reported damage from winds or flooding from the nearly 15 inches of rain. "CUNA Mutual has had no reports of credit unions suffering any damages from Fay, although we understand many credit unions in the storm's path are closed," said Phil Tschudy, media relations manger for CUNA Mutual Group. "We will continue to monitor this storm and respond to any credit union that suffers a loss," he said. CUNA Mutual's Disaster Team can provide coordinated assistance to policyholders, Tschudy said. Credit union policyholders needing assistance can contact the CUNA Mutual Group Disaster Team at 800-637-2676. The number is answered 24 hours a day, 365 days a year, by a corporate property and casualty claims manager. Anyone reporting a claim should be prepared to give:
* The nature of the loss; * Any special claim needs; and * The phone number and main contact for the credit union.
The Florida Credit Union League reported more closings, although some expect to reopen today. The league's website provided the following updates on credit unions' status as of 8 p.m. EDT Wednesday:
* Community Educators CU, expected to reopen today; * Community First CU of Florida, closed Wednesday and Thursday; * First Florida CU, closed Wednesday and Thursday; * Indian River FCU, opened Wednesday, with no impact from the storm; * JetStream FCU, all branches closed Tuesday, but planned to reopen Wednesday if warning was lifted; * Kennedy Space Center FCU, closed Wednesday, expects to reopen today; * Lee County Mosquito Control CU, reopened Wednesday; * Lee County Postal Employees CU, reopened Wednesday; * Multi-Media CU, closed Wednesday, expects to reopen today; * Power Financial CU, all branches closed until further notice; * Priority One CU, all branches and call center closed until further notice; * Sarasota Coastal CU, expected to reopen Tuesday; * Space Coast CU, closed Wednesday, planned to reopen today; * Tropical Financial CU, all branches closed until further notice; and * VyStar CU, closed at 3 p.m. Wednesday and will be closed today. It plans to reopen Friday, pending weather conditions.
Tropical Storm Fay was responsible for one death, spawned seven tornadoes, damaged as many as 8,000 homes in two low-lying areas, and prompted flooding in several areas. In Brevard County, Melbourne received nearly 22 inches of rainfall, shattering its 50-year record, and surfers in nearby Vero Beach in discovered a beached whale. The storm moved off coast but was expected to return and head north into Georgia (CNN.com Aug. 20).


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