CUNA
  • Advocacy
    • Priorities we’re fighting for
    • Actions you can take
  • News
  • Learn
  • Compliance
  • Shop
  • Topics
    • Community Service
    • Compliance
    • Credit Union Hero
    • Credit Union Rock Star
    • Credit Union System
    • Directors
    • Human Resources
    • Leadership
    • Lending
    • Marketing
    • Operations
    • Policy & Issues
    • Sales & Service
    • Technology
  • Credit Union Magazine
    • Buyers' Guide
    • COVID-19
    • Digital Edition
    • Credit Union Hero
    • Credit Union Rock Star
    • Subscribe
    • Advertise
    • Contact
  • COVID-19
  • Advertise
  • Awards
    • Nominate Credit Union Hero
    • Nominate Credit Union Rock Star
  • Podcasts
  • Videos
  • Contact
Learn More about Member Value

News

Member Benefits
Learn more
Learn more about the benefits of membership.
Home » Nussle talks COVID-19 legislation, tips for consumers
Policy & Issues

Nussle talks COVID-19 legislation, tips for consumers

March 31, 2020

CUNA President/CEO Jim Nussle appeared on CUBroadcast this week to discuss how credit unions are responding to the coronavirus disease (COVID-19), the state of things after the passage of the latest relief bill and more. Nussle also delved into CUNA’s recent article on how consumers can exercise financial caution in the face of a global pandemic.

“Credit unions are financial first responders, whether tornadoes, hurricanes, the forest fires in California, hurricanes. When these things happen, it’s usually a credit union that’s first up,” Nussle said. “And usually money is one of the first things on the to do list for people who have been through a disaster of any kind they want to know is my money safe, do I need to access it do I need to pay my bills?”

 

CUNA’s article, released earlier this month as a consumer-facing resource, was picked up by 124 news outlets with an audience of nearly 100 million nationwide.

The article recommends consumers:

  1. Contact their financial institution to ensure they’re up to date on the latest information on credit union operations.
  2. Protect their data by being vigilant about protecting their digital identity and personal data.
  3. Utilize online and mobile services, including mobile deposits, electronic money transfers and other digital payments.
  4. Research local financial support, as credit unions across the country are extending low- and no-interest loans, offering fee-free loan deferrals, and finding other individualized solutions.
  5. Remember their money is safest in a credit union, as unlike large amounts of cash, there is no risk keeping funds in an insured credit union account.

KEYWORDS coronavirus
Credit Union Magazine - Winter 2020

Winter 2020

Credit Union Magazine’s Winter 2020 edition features CUNA’s 2021 lending outlook, CEO insights on adjusting to the pandemic, and board recruitment strategies.
Digital Edition •  Subscribe

Trending

  • Compliance: 2020 Year in Review, Checklist now available

  • NCUA proposes raising threshold for ‘complex’ CUs

  • NCUA’s 2021 supervisory priorities reflect COVID effects

Tweets by CUNA_News

Polls

Will you ask employees to receive the coronavirus vaccine?

View Results
More

Champion of America’s Credit Unions

Credit Union National Association is the only national association that advocates on behalf of all of America’s credit unions. We work tirelessly to protect your best interests in Washington and all 50 states. We fuel your professional growth at every level and champion the credit union story at every turn.

More CUNA

  • About
  • Careers
  • Contact Us
  • Recommended Websites
  • Privacy Policy

Resources for

  • CUNA Board Members
  • Credit Union Advocates
  • Leagues
  • Press
  • Vendors