The NCUA on Tuesday afternoon activated its disaster relief policy in response to the devastating storms that have struck Oklahoma in the past couple days.
The policy allows the agency to encourage credit unions to offer special loan terms to affected members, re-schedule routine examinations if necessary, and guarantee lines of credit for credit unions
Also from Oklahoma Tornado:
|- Loans to Offer Shelter From the Storms
- Ohio, Kansas, California Joins in Relief Effort
- Pen Air FCU Starts Relief Collections
- Redstone Collecting Donations in Alabama
- Manager Tells Tale of Tinker Safe Survival (video)
- Leagues Chip In, Life-Saving Vault Still Inaccessible
- CUNA Mutual Contacts 57 CUs
- Branch's Vault Still Stands Sentinel
- Weokie Staff Also Retreated to Vault
- CUNA Mutual Sending Disaster Team
- League, NCUF Assessing Impact
- Tinker Staffers Survive in Safe
"Today, NCUA is reaching out to credit unions in Oklahoma affected by tornados and severe weather to determine their needs in the aftermath of this horrible devastation," said NCUA Board Chairman Debbie Matz.
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