BOULDER, Colo. After having to close its 10-branch network Thursday and Friday due to heavy rain and flooding here, $1.3-billion Elevations Credit Union planned to reopen on Saturday.
Susan Green, VP of marketing and communications, told Credit Union Journal Friday that more rain was expected through the weekend. “We just saw the first piece of blue sky about 15 minutes ago,” she said Friday afternoon from the heart of this rain-soaked city. “There is tons of damage but we are hoping things will get better now. Everyone has been holed up and communicating by text.”
The western end of Boulder was evacuated at the height of the storm, Green said, as well as parts of town near swollen Boulder Creek. In many other suburbs in the greater-Denver metro area the issue was getting around. “So many roads and bridges were closed people could not get to work, and we did not want them to try yesterday or today,” she said. “We are looking to have a normal opening on Saturday. Our members have been able to bank through online and mobile banking, our ATMs have been available, and they can do shared branching transactions.”
Elevations CU has been communicating with members through e-mail, social media and its website, Green noted. “The most important thing now is we will be helping the community with whatever recovery efforts are taking place.”
As reported earlier Friday on CUJournal.com, Boulder Municipal Employees FCU closed its single office; Premier Members FCU shut down its Longmont location, IBM plant and call center; and Boulder Valley CU closed its Arapahoe and Louisville offices.
A representative from Premier Members FCU told Credit Union Journal he believed most CUs that have closed their doors are doing so as a precaution or due to access problems. He was unaware of any damage to credit unions in this town. “Here at our main office in Boulder we are fine. Our roof is leaking a little and our parking lot looked like a lake yesterday, but that has since dried up. But there is more rain expected we’re keeping our fingers crossed.”
