Coronavirus Archives

How does a people-first culture fare during the pandemic?

How does a people-first culture fare during the pandemic?

The pandemic has forced credit unions and other businesses across the United States to send employees home and transition into a remote-work environment. Luckily for Dallas-based Advancial Federal Credit Union ($1.8B, Dallas, TX), it’[...]

Credit unions, COVID-19, and the future of cash

Credit unions, COVID-19, and the future of cash

In 2020, everything changed. The pandemic fundamentally shifted the way we work, bank, and play toward digital. What role will cash play in our future? And how does that affect credit unions? This question has [...]

CDC panel clarifies financial institution worker vaccine allocation

CDC panel clarifies financial institution worker vaccine allocation

Financial services employees should be included in Phase 1c of COVID-19 vaccination, a Center for Disease Control and Prevention panel voted Sunday. The presentation from the ACIP COVID-19 Vaccines Work Group covers phased allocations of [...]

Payments trends in the age of coronavirus

Payments trends in the age of coronavirus

Payments and payment processes have been significantly affected by the coronavirus pandemic. The trends in spending and the payment methods used during these challenging economic times are both surprising in some respects yet familiar in [...]

NCUA extends COVID relief, approves subordinated debt rule

NCUA extends COVID relief, approves subordinated debt rule

The NCUA board extended its previous COVID-19 relief through the end of 2021, approved its subordinated debt final rule and proposed an overdraft rule, among other items on its agenda Thursday. The board will meet [...]

Prepare for a long climb

Prepare for a long climb

In many ways, the economic impact of the COVID-19 pandemic bears little resemblance to the circumstances that produced the Great Recession of 2008-2009. Still, credit card managers can apply some lessons learned from the last [...]

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