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

As communities across the country cope with the coronavirus (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, has been re-launched, with details from credit unions who have shared how they are helping.

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.

Information obtained from CUNA.