Provisions implemented under the CARES Act that made it easier for institutions to utilize NCUA's Central Liquidity Facility have been extended for a year with the signing of Consolidated Appropriations Act.
Many consumers started using digital payments out of necessity once the pandemic struck. They may continue as it recedes because they like the convenience.
A look back at a year in which little went according to plan for credit unions.
With one study showing consumers racking up additional credit card debt this season, some members may be eager to consolidate their balances in the year ahead.
Social distancing has put a crimp in the credit union industry's usual philanthropic activities, but many institutions are finding new ways to give back during this festive season.
Some credit unions that gave bonuses to front-line staff at the onset of the coronavirus outbreak may be too cash-strapped to offer similar payouts during this latest surge.
Management teams are forging ahead with technology projects and bonuses for some employees despite a deep slide in net income this year.
Credit unions that hope to fully reopen their facilities need to have a plan in place to ensure employees are being careful and not spreading the coronavirus.
-
Provisions implemented under the CARES Act that made it easier for institutions to utilize NCUA's Central Liquidity Facility have been extended for a year with the signing of Consolidated Appropriations Act.
December 28 -
Many consumers started using digital payments out of necessity once the pandemic struck. They may continue as it recedes because they like the convenience.
December 28America’s First Federal Credit Union -
A look back at a year in which little went according to plan for credit unions.
December 28 -
With one study showing consumers racking up additional credit card debt this season, some members may be eager to consolidate their balances in the year ahead.
December 23LendEDU -
Social distancing has put a crimp in the credit union industry's usual philanthropic activities, but many institutions are finding new ways to give back during this festive season.
December 16 -
Some credit unions that gave bonuses to front-line staff at the onset of the coronavirus outbreak may be too cash-strapped to offer similar payouts during this latest surge.
December 15 -
Management teams are forging ahead with technology projects and bonuses for some employees despite a deep slide in net income this year.
December 14