news.cuna.org/articles/117478-amid-covid-19-crisis-credit-unions-providing-cu-difference-for-members

Amid COVID-19 crisis, credit unions providing CU difference for members

March 25, 2020

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.