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WASHINGTON–Credit unions were offered some insights into the troubled state of many Americans’ finances, what the “she-cession” means, and why DEI initiatives are not just good for members but for the credit union’s bottom line, as well.

WASHINGTON–As the Paycheck Protection Program (PPP) winds down, the federal government is preparing to open two new industry-specific small-business relief programs.

WASHINGTON—The Small Business Administration should work to provide certainty for Paycheck Protection Program (PPP) loan forgiveness applications, CUNA wrote to the House Small Business Committee for its hearing on SBA pandemic response programs.

WASHINGTON—Lenders are continuing to get small businesses access to credit through the Small Business Administration's (SBA) Paycheck Protection Program (PPP), with $8 billion of loans approved over the past week, according to new data released by the agency.

WASHINGTON—CUNA has written to the House Financial Services Committee sharing its concerns over provisions in a debt collection bill prior to its markup by the committee.

WASHINGTON—CUNA said it has received its second nomination for the Class C CUNA board position from Debbie Smith, president/CEO of Georgia United Credit Union in Atlanta.

NAPERVILLE, Ill.–State-chartered credit unions in Illinois are receiving an $840,000 regulatory fee credit.

NORWALK, Conn.—The Financial Accounting Standards Board (FASB) will host a virtual roundtable on implementation of the current expected credit losses (CECL) standard and related technical issues.

ESPANOLA, N.M.– As part of its annual recognition of outstanding organizations and businesses in northern New Mexico, Journal North has named Del Norte Credit Union is a first place winner in five categories related to financial products and services for their annual Reader’s Choice Awards.

METAIRIE, La.—Xplore FCU here has launched a custom higher education loan product from CURevl.