In late December, dozens of people drowned and thousands were evacuated from their homes in the flood-ravaged regions of Missouri and Illinois along the Mississippi River and its tributaries.
How did the flood affect cooperatives in the St. Louis area? According to credit union executives, the incident was problematic for some, but not insurmountable.
While the waters didn't directly damage the headquarters of the $225 million Alliance Credit Union in flood-ravaged Fenton, Mo. or any of its other five branches, it did cause some travel problems for employees, according to Frank Evans, vice president of human resources.
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
Already have an account? Sign In Now
© 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.