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All of the news, information and analysis surrounding COVID-19's impact on the entire credit union industry.
The amount is on top of $20 million that the Rochester, N.Y., credit union paid in June as an early payment.
New investments expand economic relief and financial inclusion for credit unions that serve communities of color.
As President-elect Joe Biden is sworn into office next week, this is likely the last meeting as chairman for Rodney Hood.
NAFCU economist says the current retrenchment will give way to recovery later this year if the pandemic abates.
Kansas City credit union CEO says the special dividend is especially needed after a difficult year.
PSCU finds debit spending is growing eight times faster than credit as CO-OP sees a shift in spending patterns.
Those businesses that were not supposed to receive money were approved for $3.6 billion in loans by early August.
He will extend the moratorium on federal loan payments and wants Congress to cancel $10,000 of student debt per borrower.
Many businesses are suffering more severely than they were last spring.
On Wednesday, community financial institutions can start accepting applications for businesses applying for their second PPP loan.