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WASHINGTON–With both the House and the Senate in recess likely through April 20, in part due to the coronavirus pandemic, CUNA’s chief advocacy officer, Ryan Donovan, said he expects when Congress returns the agenda will be dominated by a fourth piece of recovery and stimulus legislation.

BELOIT, Wis.–First Community Credit Union is hosting a Local Gift Card Giveaway to show support for local small businesses.

WASHINGTON—One of the most eagerly awaited pieces of the recently passed $2-trillion CARES Act is the checks in amounts up to $1,200 (plus more for each child) that are to go to many Americans.

ST. PETERSBURG, Fla.—Will one of the lasting changes from the coronavirus pandemic finally be the end of cash and checks?

ALEXANDRIA, Va.—NCUA has extended the comment period for its proposed rule to clarify requirements for a federally insured credit union when it proposes to acquire or merge with a bank or other institution. The comment period, which was to close Monday after a 60-day period, will now run an additional 60 days from the date the extension notice is published in the Federal Register. 

As we all adjust to the widespread implications of COVID-19, better known as the coronavirus, credit unions are concerned about the financial impact from lost jobs, shuttered businesses and social distancing. How will borrowers be able to pay back their loans if they’re laid off or experience a reduction in hours? 

WASHINGTON–The sweeping $2-trillion CARES Act has largely been panned by consumer groups for lacking various protections, but the Consumer Federation of America said in a letter the legislation has taken a few steps toward policies it would like to see enacted.

MADISON, Wis.–The World Council of Credit Unions will be hosting a webinar today on the coronavirus pandemic and its effects across a variety of credit union operations and issues.

BROOKFIELD, Wis.—Fiserv has acquired Bypass Mobile, an independent software vendor and leading innovator in enterprise point-of-sale systems, the company announced. 

SCRANTON, Penn.–NET Credit Union donated $25,000 to Meals on Wheels of NEPA to help support during the coronavirus crisis