Crisis Management

The global bank’s overhaul plan will put taxpayers and the financial system at risk.

The organization is looking to raise $100,000, which will be used to support in credit unions abroad in the wake of a natural disaster.

A $19.1 billion aid package signed into law earlier this month is welcome news for credit unions in Nebraska and a host of other regions that have suffered from recent natural disasters.

As part of the continuing rebuilding effort in Puerto Rico after Hurricane Maria, Banco Popular's nonprofit foundation has several startups working out of its main location in San Juan. For Camille Burckhart, it is part of a mission to help the island get back to normal.

The disaster has caused billions of dollars in damages across several Midwestern states.

Brett Martinez, president and CEO of a Redwood Credit Union, has become an expert in disaster preparedness after wildfires ravaged the California communities he serves. Those efforts have earned him an Anchor Award.

The industry faces a range of risks every day ranging from natural disasters to employee misconduct. Management needs a plan in place for when a problem arises.

Many credit unions have resumed normal operations, but some institutions locations in nearby Eagle River, closer to the epicenter, need more recovery time.

Most CUs in the Anchorage area were closed Friday as residents and officials evaluated damage to facilities and infrastructure.

Her guidance of a former credit union through the crisis and into a profitable bank, her advocacy for reg relief and other industry priorities, and her vocal support of women seeking to knock down many of the same workplace barriers she faced make her one of our Best in Banking honorees.