Credit unions were beginning to re-open Wednesday in the Garden State, the New Jersey Credit Union League said.

“In the aftermath of Hurricane Sandy, New Jersey credit unions are slowly recovering from power outages and damages, some even now open and operational,” NJCUL President/CEO Paul Gentile said in a statement Wednesday afternoon.

“Many are still conducting ACH and online transactions even if their offices and branches are closed, and are encouraging their members to use online and mobile banking in the meantime,” Gentile said.

The league provided updates it had received from some of its member credit unions:

  • Atlantic FCU – Kenilworth office is without power; will open once power is restored.
  • Credit Union of New Jersey – All locations are closed.
  • First Financial FCU – All locations are closed.
  • Garden Savings FCU – Parsippany branch re-opened; Newark branch without power and is closed.
  • Jersey Shore FCU – Roseland office open and operational.
  • McGraw-Hill FCU – 1221 Ave. of the Americas and East Windsor branches are now open. 2 Penn Plaza staff is still in-transit to that branch location and are delayed due to the congestion of the New York mass transit system. 55 Water St. branch is still closed due to the forced evacuation of the building.
  • Picatinny FCU – Main branch in Rockaway and Denville branch are fully operational. The arsenal has a delayed opening of noon and the Mt. Olive branch is closed due to power outage.
  • United Teletech FCU – Tinton Falls branch is currently open for business; all other locations are closed.
  • XCEL FCU – Fed Plaza branch in Manhattan, and Journal Square branch in Jersey City will remain closed until further notice. Branch at 3680 Kennedy Blvd. in Jersey City is open.

The league's announcement added that networking specialist East Coast Solutions is offering discounted services to credit unions needing assistance. Credit unions can call 1-800-398-2292, ext. 151.

Gentile also said that NCUA Chairman Debbie Matz called to offer any assistance the agency could render to help ensure New Jersey residents have access to their accounts.

“The League office is still without power, but our staff is working in business continuity mode from home or other safe locations and assistance is available,” Gentile said.

“If your CU experiences any damage or significant issues, we encourage you to communicate with us if possible,” he said.

Here are NJCUL contacts:

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.