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WASHINGTON–The Consumer Financial Protection Bureau is reminding it has released several resources to help consumers take steps to protect their finances during the COVID-19 pandemic, including how to avoid financial scams and submit complaints to the Bureau.

WASHINGTON–CUNA and its state leagues have sent a letter to NCUA calling on the agency to take additional immediate actions to alleviate “the stress COVID-19 has placed on the credit union industry.”

NEW YORK–A number of  banks across the country have joined credit unions in offering financial assistance to customers being affected by the coronavirus.

WASHINGTON—While suppression of adverse information in credit reports during the coronavirus disease outbreak is well intended, it could undermine safety and soundness, CUNA, NAFCU and other financial trade organizations wrote to Congressional leaders.

ALBUQUERQUE, N.M.–The list of credit unions offering assistance to members affected by the coronavirus continues to expand.

WASHINGTON–The huge $2-trillion coronavirus relief and economic stimulus package has passed the Senate on a 96-0 vote, with credit unions  generally expressing support, although NAFCU said some provisions in the legislation will "prove difficult for some credit unions to implement." The House is expected to vote on the legislation on Friday, with House Speaker Nancy Pelosi saying she is already focused on follow-up legislation. 

WASHINGTON–Credit unions that haven’t yet put in place options to help members affected by the coronavirus’ shutdown of the economy, such as skip-a-pay options, may have little choice now after numbers released by the Department of Labor today show initial jobless claims surged to 3.28 million in the week ended March 21.

TACOMA, Wash.–In response to the coronavirus pandemic, CU Strategic Planning has sent a letter to members of both the Senate and House appropriations committee urging a significant increase in the already-scheduled April 21 grant funding round for the Community Development Financial Institution (CDFI) Fund. 

DAYTON, Ohio–The Firefighters & Company Federal Credit Union has donated carbon monoxide detectors to fire departments for the fifth year in a row.

LONDON—The United States. is 17th in terms of the most secure countries when it comes to cyber readiness, a new report suggests.