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TruStage Risk Alert: Winter Weather Brings Safety Hazards

In the first weeks of 2024 the entire U.S. has already experienced severe winter weather challenges — including flooding, blizzards, and sub-zero temperatures. And as the weather changes, so do the risks to your credit union — risks impacting your operations, employees, and members.

Snowy weather, person walking

TruStage recommends that credit unions establish a winter weather plan to ensure your organization is prepared and protected from safety hazards.

According to TruStage, the three risks involving winter weather conditions include:

Slip, trip and falls make up 50% of total loss dollars of Workers Compensation claims over the last five years for credit unions, according to The Hartford.

Company or fleet vehicles – Icy, snow-covered or slick roads can be highly unpredictable and dangerous if company vehicles are not properly maintained or if employees don’t follow safe driving behaviors.

Portable electric space heaters can pose significant fire and electric shock hazards if not used properly.

For more on what a winter weather plan should include, along with risk mitigation tips, visit TruStage’s Business Protection Resource Center and click on the “Risk Alerts Library.” You will need to login with your username and password to access these resources.

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