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News Now

CU System
No CU damages reported from Midwest tornadoes
MADISON, Wis. (4/17/12)--More than 120 tornadoes that hit Midwestern states this past weekend left credit unions unscathed.

The twisters hit Saturday and early Sunday in Kansas, northwest Oklahoma, Nebraska and Iowa, killing five people in Woodward, Okla., and injuring dozens (USA TODAY April 16).  Seventy-five percent of the town of Thurman, Iowa, was destroyed.  Neither town had credit unions.

"Over the weekend, the CUMIS Property & Casualty Claims area monitored the severe storms and tornadoes that passed through the nation's midsection," said Phil Tschudy, media relations manager at CUNA Mutual Group. On Monday, "we contacted leagues, CUNA Mutual Group field staff and credit unions in the impacted areas. So far, we have had no reported losses from credit unions, which is certainly good news," he told News Now.

On Saturday nearly 100 tornadoes touched down in Kansas, said the Kansas Credit Union Association. "The good news is, most were in rural areas, and people were made very aware of the severity of the storms and took the necessary precautions," said Susan Dyer, KCUA communications director. "There was damage in south Wichita, and crews are still assessing the situation."

Dyer told News Now, "We have reached out to our credit unions to see if or how they were affected."

It was too early to tell whether the homes of employees or members were among those damaged.
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