One month into the coronavirus disease (COVID-19) pandemic, CUNA and Leagues have made progress to their goals to make sure they can serve members through the pandemic and recovery, CUNA Chief Advocacy Officer Ryan Donovan says in this week’s advocacy update.
In the video Donovan outlines some pain points credit unions have experienced when trying to serve member businesses under the Small Business Administration’s Paycheck Protection Program
He also detailed the work going into creating the fourth phase of COVID-19 relief legislation. Though Congress is out until April 20, CUNA and Leagues are engaging with legislators now to get credit union priorities in the legislation, including:
Donovan also reminded credit unions that the CUNA/League COVID-19 survey remains open for credit unions to share the way they are meeting members’ needs through the pandemic. Survey information helps CUNA continue to inform policymakers on the ways credit unions are serving affected consumers.