News Now LiveWire

Australian CUs have experienced strong growth in retail deposits at the expense of their regional banking rivals. http://ow.ly/goIE 2 days ago

Yakima Valley CUs have benefited from larger banks troubles as membership, deposit growth, and overall presence expand. http://ow.ly/goHD 2 days ago

Florida Central CU names CUNA board member Laida Garcia as president, CEO. Garcia succeeds the late Ed Gallagly. See http://ow.ly/gnw7 2 days ago

WesCorp detailed cost-saving initiatives-- including roughly 90 layoffs--that aim to roll back expenses to 2003 levels. See July 6 NN. 2 days ago

Wash. State CUs have seen a 313% mortgage loan increase over the last 10 years, with lower car loan, savings deposit increases. See Mon. NN. 2 days ago

more...

---

Agility Recovery delivers generator to CU hit by Dolly

McALLEN, Texas (8/1/08)--Security 1st FCU, McAllen, Texas, lost power at one of its branches after Hurricane Dolly hit Texas July 23--but was able to continue serving members with the help of a generator provided by Agility Recovery Solutions.

The credit union had decided to close down its branches July 23 because of weather reports, Al Beltran, Security 1st president/CEO, told News Now. Agility kept in touch with the credit union before the hurricane actually landed that day, and assured them that it would be available to help.

"I was very pleased with their commitment to stay in touch," he said. "They kept in communication with me to make sure I was okay."

After the storm hit, Beltran surveyed the damage at each of the branches. Most of the branches were able to regain power quickly--except for the Harlingen branch.

Beltran contacted Agility for a generator, and Agility delivered it to the branch July 25. The branch opened the next day, and with the generator, the credit union was "back in business," Beltran said.

Harlingen regained power Monday. Agility promptly picked up the generator, Beltran said.

Security 1st has been with Agility for one year. "They seem to be a little more caring and willing to help," Beltran said. "I'm pleased."

Resource Links

Agility Recovery Solutions/CUNA Strategic Service