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ALBUQUERQUE, N.M.–The record surge of more than three-million unemployment claims this week will likely only put more pressure on credit unions to respond with the types of special offers and assistance CUToday.info has compiled here. Those offers include everything from one-cent overdrafts to waived fees to special branch hours for older members and a wide variety of other “emergency” loans. 

WASHINGTON – State and federal regulators, government agencies and various credit union trade groups continue to roll out resources in response to the outbreak of coronavirus (COVID-19). The resources include tips for members to guard against scam. CUToday.info is centralizing many of the resources available. Readers can find links and more information, below. This list will be regularly updated.

SAN JOSE, Calif.– PremierOne Credit Union is reporting it swiftly to the Coronavirus outbreak by focusing efforts on supporting the community it serves.

MIRAMAR, Fla.–As South Florida restaurants and retailers slowly start to re-open, Tropical Financial Credit Union said it is handing out extra cash to employees to help fuel an economic comeback.

WASHINGTON—The House has voted in favor of a bipartisan bill that would loosen requirements on hundreds of billions of dollars in small-business loans made through the Paycheck Protection Program.

TALLAHASSEE Fla. – A number of state CU associations continue to compile data on how credit unions in their respective states are helping members and local businesses during the coronavirus pandemic and resulting economic slowdown.

WESTLAND, Mich. – Wayne Westland Federal Credit Union (WWFCU) said it has helped four Wayne County households with its $10,000 WWFCU Relief Fund.

ALEXANDRIA, Va.–NCUA’s former general counsel and former deputy general counsel consumed alcohol, made multiple trips to strip clubs and consumed edible marijuana during work hours and during work-related travel—to the point they were “out of it” during a train trip, according to an investigation conducted by NCUA’s Office of Inspector General (OIG) and released to CUToday.info as part of a Freedom of Information Act request. 

IRVINE, Calif.–With a new mortgage platform not even a year in the market, CU Direct is preparing to roll out the same technology to two other lending channels as part of a solution it said credit unions will find “revolutionary.”

CHICAGO–Anyone can hire top people. But how do you create an environment that keeps them around?