Wednesday, September 2, 2009

Calif. DFI authorizes FI closures for fires, CU closed

LOS ANGELES, Calif. (9/2/09)--At least one California credit union closed because its area was evacuated during wildfires raging about 12 miles from Los Angeles, and the California Department of Financial Institutions (DFI) has authorized financial institutions to close for the emergency, if necessary.

CalTech Employees FCU based in La Canada Flintridge was closed, not because of damage but because it is near NASA's Jet Propulsion Laboratory (JPL), which closed as a precaution, the California Credit Union League told News Now.

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Courtesy of cuna.org

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