WASHINGTON–Additional details continue to be revealed around where the more than $500 billion in Paycheck Protection Program loans are going.
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CARSON CITY, Nev. – Greater Commercial Lending (GCL), a wholly-owned subsidiary of Greater Nevada Credit Union, is reporting that in the first full month of the Small Business Administration’s Paycheck Protection Program, it received authorizations for 5,360 applications from small businesses, totaling $566.4 million.
ALEXANDRIA, Va.–With high school proms cancelled due to the coronavirus pandemic, Democracy FCU here is stepping in and hosting a free virtual prom for local schools.
ST. PAUL, Minn.–The Minnesota Credit Union Network has compiled an update on how credit unions in the state have been providing relief to Main Street through business loan payment extensions and Paycheck Protection Program loans.
WASHINGTON—The Federal Reserve is being asked by NAFCU to clarify whether the recent interim final rule that eliminates the six-per-month transaction limit between savings and checking accounts under Regulation D is permanent.
WASHINGTON–Many of the nation’s auto dealers are telling customers they don’t want them to return their leased cars right now.
MIDDLETOWN, Penn./NORCROSS, Ga.–MY CU Services, the payment and technology CUSO of Vizo Financial, has announced it will offer its 1,200 CU clients PayMōli, a person-to-person (P2P) mobile payments solution from Aptys Solutions.
PLYMOUTH, Minn.–Two big Minnesota credit unions have announced plans to merge.
DENVER–CULedger said it has become a founding member of the Trust over IP (ToIP) Foundation as the representative for credit unions.
WASHINGTON–The American Institute of CPAs (AICPA) has released recommendations on the appropriate documents and calculations that small businesses should use to qualify for loan forgiveness under the CARES Act’s Paycheck Protection Program (PPP).