Coronavirus Impact
Coronavirus Impact
Brian Branch, president and CEO of the World Council of Credit Unions, poses in front of boxes of face masks donated by the Credit Union Federation of Korea. WOCCU will help distribute them to CUs around the world.

Thanks to a donation from the Credit Union Federation of Korea, the global trade group is working with international partners to distribute personal protective equipment to institutions in need.

September 8
1 Min Read

Fintech lenders that reported a surge in missed payments at the start of the pandemic have seen credit quality rebound substantially since. But credit performance could still deteriorate if high unemployment persists and Congress fails to enact more relief measures.

September 8
3 Min Read

The bank said the conduct includes “instances of customers misusing Paycheck Protection Program Loans, unemployment benefits and other government programs.”

September 8
1 Min Read
Capitol Hill-flag

A new jobs report was better than expected, but recent NCUA data on credit union performance for the first half of 2020 shows how hard the industry has been hit by COVID-19.

September 8
2 Min Read
BankThink

A mix of online, offline and point of sale credit is necessary to manage new retail models, says PPRO's Steve Villegas.

September 8
1 Min Read
happy.jpeg
BankThink

Laughter in the workplace helps boost employee morale, something critically needed in 2020.

September 8
3 Min Read

Donor management provider Pushpay has added new software that will help churches target donations through digital channels while providing more interactions and communication within congregations.

September 8
1 Min Read
CUJ 090420 - NCUA Q2 OVERALL (2).jpeg

A new report from the National Credit Union Administration shows how hard the industry was hit during the second quarter as businesses closed and consumer spending dropped.

September 8
1 Min Read
The Latest