FOR IMMEDIATE RELEASE
March 16, 2020
Credit Union National Association (CUNA) President/CEO Jim Nussle wrote to President Donald Trump today to request that statutory and regulatory accommodations be made to ensure credit unions can continue to meet the financial services needs of their members impacted by the coronavirus (COVID-19).
“More than 2,100 credit unions, serving nearly 46 million members, have a primary field of membership that includes schools, military, health care, police, fire, transportation, utilities and government employees,” Nussle wrote. “These credit unions and others are serving members who are on the front lines of helping to keep others safe during this crisis.”
Given the severity of the crisis and the need for quick action to alleviate consumer financial disruption, CUNA is requesting that the administration, federal agencies and Congress: