Verve Reports $4M in Support Related to COVID-19 to Date; CCCU Gives Tellers Funds to Spend in Community; DR Planning Pays Off For GTE Financial 04/22/2020 07:54 pm OSHKOSH, Wis.– Verve, a Credit Union, said it has allocated more than $4 million for COVID-19 support programs and services to help its members take care of personal and business financial needs.
Before CUs Can Get New Funds, Coding Change Needed; SBA Declines to Provide Data on Where PPP Loans are Going 04/22/2020 07:55 pm WASHINGTON–Credit unions have welcomed news that the latest stimulus package before Congress includes $60-billion reserved for smaller institutions to lend out, but there could be delays due to technology issues.
Move Seeks to Send Message 04/22/2020 08:05 pm PORTLAND, Ore.—Concerned credit unions are beginning to charge too many fees, one CU—well ahead of the pandemic—cut its overdraft fee in half to send a message to its own members as well as the industry.
Maine CU Makes Its Annual Hunger Walk a Virtual Event 04/22/2020 07:57 pm AUGUSTA, Maine— As a result of the coronavirus pandemic and related social distancing, Maine State Credit Union’s annual FeedME 5K Walk to End Hunger in Maine has been turned into a virtual walking event and will take place during May.
