The National Credit Union Administration awarded $3.7 million in grants and no-interest loans to 162 low-income credit unions, helping them provide affordable financial services to their members and communities during the COVID-19 pandemic.

Join us for "Expanded Safe Lending Practices in the Face of a Global Pandemic," a situational analysis of guidelines and best practices to mitigate the risks lenders face. Join Ricky Guillot, president and CEO of Business Alliance Financial Services, as he discusses the means and methods necessary for lenders to preserve client relationships, manage the enhanced portfolio risks, and help the economy get back on its feet.

The NCUA issued an alert to inform credit unions about the risk of fraud associated with the COVID-19 pandemic.

The Federal Financial Institutions Examination Council on behalf of its members recently issued a statement setting forth prudent risk management and consumer protection principles for financial institutions to consider while working with borrowers as initial coronavirus-related loan accommodation periods come to an end and they consider additional accommodations.

The Cornerstone Credit Union League is proud to announce the publication of its 2020 Pandemic Response Impact Report.

Communication is key, and it’s been especially important during the ongoing pandemic. An essential part of Cornerstone’s response during the pandemic, communications about critical information has been a top priority for leaders and staff.

Congress is working on legislation that will help streamline the forgiveness process for Paycheck Protection Program loans.

While the Small Business Administration's Paycheck Protection Program had significant problems with its rollout and subsequent fixes, credit unions in the Cornerstone region have continued to help their small business member owners.

As HR professionals, we know the importance of recruiting, and finding the best, most diverse pool of talent we can for our organizations is a top priority.

The ongoing need for physical distancing and remote working—and the limited ability of members to transact in-person—is making the adoption of person-to-person payments (P2P) by credit unions more essential than ever.