Recently, Foundation Executive Director Gigi Hyland joined the weekly Montana Credit Unions call to discuss member and employee financial well-being in the new normal we are now facing. Below are a few highlights from her presentation, which you can view here.

• More than half of members (58%) are struggling financially and 39% of households do not have $400 available to afford an emergency expense.
• Credit unions are in a good position to help their members recover because of how they are built and their operating principles.
• Credit unions can help both their employees and members move forward by:
  • Leveraging empathy to help them get through the crisis.

 

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