WASHINGTON—CUNA’s latest Member Activation Program (MAP) template is now available for credit unions to communicate what the passage of the CARES Act means for credit unions, both in terms of lending to member businesses and stimulus payments to consumers.
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WASHINGTON—The Federal Communications Commission has issued a report and order to require voice-service providers to implement STIR/SHAKEN – a caller identification framework meant to target illegal robocalls – by June 30, 2021.
O'FALLON, Ill. – A number of credit unions nationally have gotten involved in helping to fill the national shortage of surgical masks during the coronavirus pandemic.
BROOKFIELD, Wis.—Fiserv said it is now enabling banks and credit unions to accept applications from small businesses seeking relief under the Small Business Administration’s new (SBA) Paycheck Protection Program (PPP).
WASHINGTON—Details continue to emerge related to the recently announced Paycheck Protection Program, in which credit unions will be eligible to participate as both lenders and borrowers.
NEW YORK–A brokerage firm is warning credit card issuers are about to start seeing huge delinquencies and then losses in their portfolios.
WASHINGTON —When will Americans start receiving checks of approximately $1,200 (or more depending on the number of children) from the government? The Treasury Department and the Internal Revenue Service said distribution of the so-called “economic impact payments” included in the recently enacted CARES Act will begin in the next three weeks and will be distributed automatically, with no action required for most people.
WASHINGTON—The Treasury Department and Small Business Administration have released information for the $349 billion paycheck protection program included in the Phase 3 coronavirus relief package, also known as the CARES Act.
NEW YORK–Help in the form of federal loans may be on the way, but it will likely be too late for many small businesses, according to one new report.
WASHINGTON–More than a third of small-business owners are saying their business can only survive for less than three months under the current conditions of the coronavirus pandemic, according to a new survey.