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From hurricanes to fires, tornadoes to floods, credit unions operating in the United States face the threat of natural disasters on a regular basis. Factor in the human element, and the nation’s cooperatives must remain continually vigilant.
But in the shadow of the worst-case scenario, credit unions rise to be the best resource they can be for their members, communities, and more. This Callahan Collection brings together industry stories on how to deal with disaster while adding a human touch to financial services.
The ANATOMY series is a quarterly, multi-feature profile that explores the strategies and analyzes the performance of an exemplary credit union.
Robotic process automation at Suncoast Credit Union allows the Florida cooperative to dial up assistance when disaster strikes.
After the Category 4 Hurricane Harvey decimated parts of southeastern Texas, TDECU vowed to keep 100% of its members in their homes.
How CFE Federal Credit Union prepared for and responded to a storm that brought triple-digit-force winds and a state of emergency to the Sunshine State.
BCU works to provide cash and information for its 37 employees and 30,000 members in Puerto Rico as the island faces down a crisis after Hurricane Maria.
A CEO needs advice on how to strike the right balance between too much and too little disaster preparation for this fictional mid-sized Tennessee credit union. Four real CEOs offer their insight.