Coronavirus Archives

CUNA’s van Rijn discusses coronavirus loans with Forbes

CUNA’s van Rijn discusses coronavirus loans with Forbes

Around 80% of credit unions are offering some form of new loan for their members, CUNA Senior Economist Jordan van Rijn told Forbes recently for an article on coronavirus hardship loans. The article notes that [...]

New-home sales rise slightly amid the coronavirus pandemic

New-home sales rise slightly amid the coronavirus pandemic

New-home sales were up 0.6 percent from March's revised rate of 619,000 annualized units to 623,000 units in April. NAFCU Chief Economist and Vice President of Research Curt Long noted that although [...]

MED5 FCU kick-starts community mask initiative

MED5 FCU kick-starts community mask initiative

A South Dakota credit union CEO has leveraged a single donation into a community effort to provide supplies for frontline workers battling the coronavirus (COVID-19). Pam Brown-Graff was watching the local evening news April 5 [...]

CommonWealth One makes the most of staying at home

CommonWealth One makes the most of staying at home

These might be uncertain times, but that doesn’t mean down time has to be chalked up to lost opportunity. CommonWealth One Federal Credit Union($413.2M, Alexandria, VA) has turned to professional development as [...]

COVID-19: Credit union industry resources & information

COVID-19: Credit union industry resources & information

Last updated: May 27, 2020 CUInsight has always connected the credit union community to news, content, opinion, press, career opportunities, events, trusted partners, and each other. Now, during these challenging days, we are also compiling [...]

Arkansas Governor thanks CUs for meeting member needs

Arkansas Governor thanks CUs for meeting member needs

Arkansas Governor Asa Hutchinson thanked credit unions for their work on behalf of communities across the state, particularly with so many impacted by the coronavirus disease (COVID-19) pandemic. Hutchinson has served as governor since 2015. “[...]

PPP loan forgiveness rules for lenders, borrowers released

PPP loan forgiveness rules for lenders, borrowers released

The Small Business Administration (SBA) issued two interim final rules (IFRs) providing paycheck protection program (PPP) borrowers and lenders with additional information on loan forgiveness and the loan review process. The agency previously released the [...]

LIBOR – Exit stage left?

LIBOR – Exit stage left?

The London Interbank Overnight Rate (LIBOR) is still on course to sunset at the close of 2021, or is it?  There are a number of uncertainties that currently cloud a successful exit strategy, like The [...]