Taskforce, Toll-Free Number Established to Address Credit Union Operations
and
Members Affected by Hurricane Katrina
1-800-827-6282
Alexandria, VA, August 31, 2005---National Credit Union Administration (NCUA) Chairman JoAnn Johnson and Board Member Debbie Matz announced that the agency has assembled a taskforce to address the consequences of Hurricane Katrina on credit unions and their members in the states of Alabama, Louisiana and Mississippi.
A toll-free number and e-mail addresses have been established to allow credit unions, credit union members and vendors to inquire or provide information on the status of credit union operations, particularly in the areas affected by Hurricane Katrina in Alabama, Louisiana, and Mississippi. The hotline will begin service immediately and operate daily until further notice.
Toll-free number: 1-800-827-6282. The following extensions must be dialed for inquiries regarding:
Alabama, Mississippi: x3049
Louisiana: x4049
Data Processing: x8049
E-mail addresses:
Alabama: KatrinaAL@NCUA.GOV
Louisiana: KatrinaLA@NCUA.GOV
Mississippi: KatrinaMS@NCUA.GOV
If a federal credit union decides it has the ability to provide assistance to other credit unions and non-members in the affected Hurricane Katrina area, it may be able to do so under the following conditions:
- A Federal credit union may provide services to persons who are members of another credit union under their correspondent services authority.
- Emergency financial services for non-members, including check cashing, access to ATM networks, or other services to meet short-term emergency needs of persons in the areas affected by Hurricane Katrina, can be provided under the authority to engage in charitable activities. Federal credit unions providing services on a charitable basis may not impose charges for services that exceed their direct costs.
The National Credit Union Administration, governed by a three-member board appointed by the President and confirmed by the Senate, is the independent federal agency that regulates charters and supervises federal credit unions. NCUA, with the backing of the full faith and credit of the U.S. government, operates and manages the National Credit Union Share Insurance Fund, insuring the deposits of more than 83 million account holders in all federal credit unions and the majority of state-chartered credit unions.
|
