Coronavirus Impact
Coronavirus Impact
Keith Leggett
Opinion

For all the damage from the pandemic and economic downturn, this crisis has not impacted liquidity. Lawmakers would be foolish to permanently alter the Central Liquidity Facility.

September 11
2 Min Read
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Members are completing more of their banking online than ever before, forcing many institutions to rethink their strategies for physical locations.

September 11
5 Min Read
Michigan Gov. Gretchen Whitmer

A new program will provide tuition-free schooling opportunities for those who stayed on the job during the state's lockdown earlier this year.

September 10
2 Min Read
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
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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
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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 move is part of the effort by lenders and other companies to promote racial equity and be more sensitive to the stresses on front-line employees. It also coincides with rising concerns about the postal system’s ability to handle the rush of absentee ballots.

September 2
4 Min Read
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Lenders are struggling to deploy deposits into interest-earning assets, and changes to post-secondary education may further limit these options.

September 1
5 Min Read
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