Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
Storm warning NCUA urges preparedness for Isaac
ALEXANDRIA, Va. (8/27/12)--National Credit Union Administration (NCUA) Chairman Debbie Matz on Friday reminded Gulf Coast credit unions to "take prudent precautions" as Tropical Storm Isaac approached the Gulf of Mexico and Florida.

"Credit unions operating and people living in the Gulf Coast region know they need to prepare for serious storms," Matz said. She noted that the NCUA continues to protect deposits at federally insured credit unions during sunny days and after bad storms.

The agency in a release said it is prepared to activate emergency response plans, if needed, and will take steps to assist credit unions in maintaining normal operations or, in the event of a disruption, to restore those services as quickly as possible.

Portions of the storm hit the FLorida Keys and southern Florida on Sunday, and the storm could  enter the Gulf of Mexico, and strengthen, Monday. The storm could again make landfall anywhere between the Florida panhandle and Louisiana this week.

Tropical storm-like conditions were expected in the Tampa, Fla.-area, and the start of this year's Republican National Convention. Today's convention activities have been cancelled as a precaution.

News Now will cover the latest credit union and political news from the convention. Look for updates on Twitter too.
Other Resources

RSS print
News Now LiveWire
Even 1 step makes a difference in preparing for disasters #creditunions #NewsNow http://t.co/eFUmMJnIwA
6 hours ago
From today's @USATODAY front page, a shout out to #CreditUnions courtesy of @CUNA http://t.co/881vLPeECN
7 hours ago
Happy anniversary to the ATM! 45 years of self-service cash HT @GOBankingRates http://t.co/ycsm3GFwk5
9 hours ago
.@USATODAY print edition features #creditunion membership march to #100mm. Zoom in on lower left hand corner #NewsNow http://t.co/Xv8fyX7ces
9 hours ago
No special assessment for ASI member #creditunions in 2014. See #NewsNow http://t.co/NwL9eJwbiQ
10 hours ago