Natural disasters

Executives at banks in California say there's only so much they can do until the flames subside.

Northern California utility company PG&E recently shut off power to more than 2 million consumers, meaning some insitutions had to move quickly to minimize the outages' impact on operations.

Members from states threatened by storms say their proposal is better for consumers than recent legislation passed by the House Financial Services Committee.

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.

From regulatory reform to natural disasters and more, here's a look at Credit Union Journal's special report on what to expect for the second half of the year.

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.

Lenders are turning to the Farm Service Agency to backstop more loans as their Midwestern customers are beset by flooding in addition to the U.S. trade war with China and volatile crop prices. Can the FSA meet the increased demand?

Congress extended the National Flood Insurance Program through June 14, preventing the federal initiative from expiring on Saturday.

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

Rising waters in the Cornhusker State have already caused in excess of $1 billion in damages.

The House Financial Services Committee will hold eight hearings next month, looking at Wells Fargo's recent consumer protection scandals, a reauthorization of the flood insurance program and more.

Depository mortgage lenders are optimistic the final version of a regulation designed to open up the flood insurance market will make it easier for them to comply with a rule requiring them to accept private carrier policies.

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.

The bloc said the company artificially raised interchange fees in Europe; weather changes that increase flood risks may mean defaults on mortgages.

The current deputy secretary of the Department of Housing and Urban Development, Pam Patenaude, will step down in January.

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.

The Panama City, Fla.-based institution has given $50 to members impacted by the storm while also providing free gas, Thanksgiving turkeys and more.

Lawmakers have had to extend the program eight times since October 2017, as Congress has been unable to pass broader reforms.

Federal and state regulators Thursday offered a slew of regulatory relief measures to banks and credit unions affected by the disastrous California wildfires.