One CU Office Damaged, Others at Risk in California Fires

One CU Office Damaged, Others at Risk in California Fires
October 10, 2017 Marketing GrafWebCUSO

At least one credit union office has been damaged by the fires raging through California, although that number could increase as the fires ravage several counties in the state, according to officials from the California and Nevada Credit Union Leagues.

An office of the First Technology Federal Credit Union has been damaged, the league said. The credit union is headquartered in Mountain View, Calif.

The league also said that the headquarters of the credit union in Santa Rosa has not been damaged, but that it is very close to a fire that continues to burn.

NCUA officials reported that at least 18 credit unions could be affected by the fires and that some branches have closed or are operating at reduced hours.

The league reported that the home of a staff member of the Sonoma County Federal Credit Union was destroyed.

In addition, Community First Credit Union CEO Todd Sheffield has been evacuated from his home.

The league quoted Michelle Hunter, senior vice president of marketing and development of the Credit Union of Southern California as saying that credit union officials could see the flames on two different hillsides burning. She added, however, that the credit union headquarters in Anaheim Hills is out of the path of the fire.

She said most employees at that location are working elsewhere due to street closings and poor air quality.

The league said it is setting up relief efforts through CUAid.