BATON ROUGE, La. — As evacuated credit union employees start returning to their jobs Thursday, latest reports show an estimated 40 CUs in central and southern Louisiana are still not fully operational, according to regulators.
Out of 200 CUs in the affected areas, 160 are known to be conducting normal business, said a spokesman for NCUA in Washington, citing continuing problems in reaching CU managers and their staffs struggling to reopen facilities closed by widespread power outages.
The Louisiana Credit Union League, headquartered in the New Orleans suburb of Harahan, said it plans to reopen today with a skeleton crew and a formatted data base to "get a good handle on credit union needs" during the crisis brought by Hurricane Gustav.
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At news briefings Wednesday, Gov. Bobby Jindal criticized Entergy Louisiana for not doing enough quickly to restore electricity as officials of the energy firm estimated it could take more than a week or a month to bring the lights back on for an estimated 700,000 business and residential customers.
The $340 million LA Capitol FCU, largest in Baton Rouge, said seven of its 14 statewide offices remain closed, most in coastal areas where Gustav made landfall on Labor Day. "I was glad to hear from a witness that our Houma office looked OK," said Susan Parry Leake, president/CEO. Houma, with half a dozen CU offices and branches, suffered serious property damage though it was uncertain if other CUs there were affected.
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