Amid COVID-19 crisis, credit unions providing CU difference for members
As communities across the country cope will the coronavirus disease (COVID-19) pandemic, credit unions in every state are working with members to help consumers stay financially healthy during this emergency.
Documenting the state-by-state efforts of credit unions, AmericasCreditUnions.org has been re-launched, with details from credit unions who have shared how they are helping through the CUNA/League survey. YourMoneyFurther.com is the best way for consumers to find their nearest credit union.
According to survey results as of March 24:
- 92% of credit unions surveyed are offering loan modifications and fee waivers;
- 78% have created new loan products to meet members’ pressing needs; and
- 30% have made donations or otherwise aided community organizations.
Credit unions are also sharing individual member stories and charity donations on social media using #CUDifference.
The site also contains links to a credit union finder where consumers can enter their information and find a credit union they are eligible to join.
To share how your credit union is helping members affected by the COVID-19 outbreak, click here.