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Feature Choi

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CO-OP

WASHINGTON — Tens of thousands of businesses have received funds from the Paycheck Protection Program, including billions in loans processed by credit unions, but many are expecting new challenges around meeting the requirements to have those loans forgiven.

ONTARIO, Calif.–The Richard Myles Johnson (RMJ) Foundation—the state foundation for credit unions in California and Nevada—has launched Bite of Reality Remote, a version of its interactive youth financial education program to continue to give young people a taste of real-world financial realities at a time when schools and communities are practicing social distancing due to the COVID-19 pandemic.

ARLINGTON, Va.—During a virtual town hall, Tower FCU President and CEO Rick Stafford, Arkansas FCU President and CEO Rodney Showmar, and NAFCU President and CEO Dan Berger discussed the effects the coronavirus is having on credit unions and their members, how institutions have responded, and what trends they expect to see as recovery begins.