Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
N.J. CU steps up with child care office space
CLARK, N.J. (11/5/12)--When employees of Aspire FCU, Clark, N.J., returned to work following Hurricane Sandy, they faced challenges in their personal lives.

Because local New Jersey schools were closed after Hurricane Sandy last week, Aspire FCU President/CEO Tom O'Shea invited staff to bring their kids to work.
Recognizing that Hurricane Sandy had created child-care issues for many staffers since area child care facilities were closed for the week, President/CEO Tom O'Shea invited staff to bring their kids to work.

About a dozen kids, ranging in age from 15 months to 15 years, gathered in the credit unions learning center to watch movies and color, among other activities, O'Shea told the New Jersey Credit Union League (The Daily Exchange Nov. 2). O'Shea's daughter provided assistance caring for the children.

Because of limited gasoline availability in the area, Aspire CU also offered staff the opportunity to work from home when possible. Because few traffic signals in the area were working, so the $186.5 million asset credit union dismissed staffers before sunset.

Aspire also offered other credit unions, business partners and vendors offering emergency office space and internet access.

Aspire FCU in Clark, N.J. offered other credit unions, business partners and vendors emergency office space and Internet access in the aftermath of Hurricane Sandy. (Photos provided by New Jersey Credit Union League)

The credit union is monitoring U.S. Postal Service deliveries and is waiving members' late and overdraft fees, if appropriate. Members who are out of work as a result of Hurricane Sandy will be offered an opportunity skip-a-pay on their loans for free.

"It's times like these, when our members and employees are most in need that we're reminded of the reason credit unions exist--to help people," O'Shea told the New Jersey league. "In the cooperative spirit of credit unions, it's our duty to assist others where we can.

"We're fortunate enough to have all the amenities needed to operate as a fully-functioning credit union, and it would be unwise and selfish to only think about ourselves in a time like this when our employees' families and other partners in the industry have a need that we can help fill," O'Shea said.


RSS print
News Now LiveWire
.@CreditYOUnion captures voices of #100MM loud, proud at @GAUnitedCU See #NewsNow Thursday for more
12 hours ago
Ill. @GovernorQuinn signs patent troll law http://t.co/ugWf8zHpCm via @CrainsChicago
13 hours ago
.@MBAMortgage : Mortgage apps increased 2.8% from one week earlier for week ending Aug. 22.
13 hours ago
Franchise businesses may face higher breach risk with POS systems HT @briankrebs http://t.co/LGE46DUk15
14 hours ago
About 1 in 3 consumers use plastsic for in-person purchases of less than $5, according to @CreditCardsCom survey.
15 hours ago