Ready for PPP 2.0?
The first traunch of the $349 billion in Paycheck Protection Program (PPP) and Economic Injury Disaster Loan Program (EIDL) loans earmarked for small businesses by the CARES Act was exhausted in less than six days. [...]
The first traunch of the $349 billion in Paycheck Protection Program (PPP) and Economic Injury Disaster Loan Program (EIDL) loans earmarked for small businesses by the CARES Act was exhausted in less than six days. [...]
Despite difficulties presented by the coronavirus disease (COVID-19) pandemic and accessing the Paycheck Protection Program (PPP), credit unions remain financial first responders for their members and businesses, CUNA President/CEO Jim Nussle told CBS News’ [...]
Members of NAFCU's Regulatory Affairs Team Monday discussed with the Treasury Department credit union concerns regarding a number of issues, including the Small Business Administration's (SBA) Paycheck Protection Program (PPP), capital relief, and forbearances. During [...]
It is not lost on me that my regular access to boards and CEOs is an unusual privilege. Beyond unusual, really. And credit unions in the U.S. have been more generous than most in [...]
UW Credit Union, Madison, Wis., has partnered with former Wisconsin Badgers Football running back and NFL draft pick Jonathan Taylor to raise money for coronavirus (COVID-19) relief efforts. The $3.5 billion asset credit union [...]
It has been a little over a month since the Federal Reserve changed the reserve requirements for transaction accounts. At the time, many credit unions asked what the reserve requirement changes meant for Regulation D [...]
The prospect of returning to work after stay-at-home orders lift can be daunting, and the question we’re asked the most is “How can I make my workplace safe for employees?” To help you navigate [...]
Imagine you drive 15 miles to work every morning, to a job that demands you be on time, every time. You have two freeway options: one with a speed limit that remains constant at 65 [...]
71% of companies run two or more A/B tests a month. And when you look at the benefits, it’s not hard to see why that number is so high. While your gut feeling [...]
Enticed by the ease and convenience of eCommerce, consumers have been moving their purchase activity online for years. This trend has only accelerated during the COVID-19 pandemic, as workplace closures and stay at home orders [...]
One month ago, the executive team at the University of Kentucky Federal Credit Union($978.3M, Lexington, KY) took stock of the changes occurring within its local community. The credit union, which is headquartered in [...]
It has been over a month since the first Stay at Home Orders were issued in the United States. Individuals canceled travel plans, stocked up on provisions, and prepared to shelter in place for the [...]
I am going to tell you a secret I recently discovered about credit union chartering that (almost) no one else knows. Federal SEG based credit unions can serve larger communities than practically any other charter, [...]
Years ago, long before I began working in professional development for credit union leaders, I was a middle school language arts teacher. The school district in which I taught was struggling with the “summertime slip,” [...]
Analysts are busy making all sorts of predictions about how the coronavirus pandemic may change the way humans behave, the things we value, and the types of activities we enjoy. Their forecasts range from the [...]