WOCCU released it’s COVID-19 Guide for Credit Unions focused on bringing together responses by the international standard-setting bodies, prudential authorities and other operational recommendations focused solely on the credit union industry.
Pertinent topics include capital standards, accounting issues, IT concerns, designation as "essential" and other regulatory challenges faced by credit unions navigating the pandemic.
The Credit Union COVID-19 Guide to Regulator and Operational Responses can be viewed here.
For more information, contact:
Greg Neumann
Corporate Communications Manager
gneumann@woccu.org