Credit union updates following Hurricane Michael

Credit union closings and status due to Hurricane Michael. If a credit union is not listed here, it is believed to be operating normally. Bay Credit Union –  Beach branch is currently open. Suncoast Credit Union is sending its mobile branch to its main office on Friday as that facility has been severely damageed. Callaway […]

Credit union/LSCU efforts in recovery from  Hurricane Michael’s devastation

From LSCU President/CEO Patrick La Pine: As LSCU Hurricane Michael recovery efforts continue, the focus is beginning to slowly shift from assessing damage/restoring power to getting credit union branches back up and running as normally as they can. Additionally, assessing and meeting the personal needs of credit union staff and volunteers is becoming a high […]

Meeting Call Report deadlines post-hurricane

In the aftermath of Hurricane Michael, the NCUA is receiving calls from credit unions asking whether they will be fined if they cannot submit their Sept. 30, 2018, call report by the deadline. Per communications with NCUA’s Office of Examination and Insurance, NCUA will not be preemptively extending due dates for call reporting.   However, hurricane […]

Join the LSCU in efforts to meet needs, provide resource lists after Hurricane Michael

The LSCU has been working with the Southeast Disaster Coordinating Council (SDCC), which is made up of representatives from NCUA, ACUA, CO-OP Financial Services, Corporate One, Corporate America, CUNA, CUNA Mutual Group, CU Service Centers of Alabama, the Foundation, PSCU Shared Services for Credit Unions, and the SECUF to establish a network of partners to […]

Southeast Disaster Coordinating Council, SECUF prepared to assist in recovery efforts

The Southeast Disaster Coordinating Council, created in the wake of last year’s hurricanes as a coordinated response team, met Monday morning to discuss efforts over the weekend to assist credit unions in disaster areas around Panama City. CUs are still trying to reach many of their staff as communication is almost non-existent in impacted areas […]