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Hurricane Sandy: Shared Branching Working for Storm-Struck Members

CO-OP says system is working. Meanwhile, National Federation of Community Development Credit Unions offices and Lower East Side People's FCU shut down.

By David Morrison | Updated on October 30, 2012

So far, members of shared branching credit unions that have been impacted by Sandy have been able to use the facilities of other credit unions to access their accounts and obtain cash, CO-OP Financial Services said Tuesday.

Craig Beach, chief operating officer with CO-OP Shared Branching, said credit union members seeking access because their credit unions have been closed by the storm have been able to find it, though he said the CUSO was not yet certain how many credit unions had been impacted.

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