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From Credit Unions, For Credit Unions

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Amid COVID-19 Crisis, U.S. Credit Unions Providing CU Difference for Members

Credit Union National Association (CUNA), United States, is documenting how U.S. credit unions are helping members during the COVID-19 Pandemic.

As communities across the country cope will the coronavirus disease (COVID-19) pandemic, credit unions in every U.S. state are working with members to help consumers stay financially healthy during this emergency.

Documenting the state-by-state efforts of credit unions, has been re-launched, with details from U.S. credit unions who have shared how they are helping through the CUNA/League survey.

According to survey results as of March 24:

  • 92% of credit unions surveyed are offering loan modifications and fee waivers;
  • 78% have created new loan products to meet members’ pressing needs; and
  • 30% have made donations or otherwise aided community organizations.

Credit unions are also sharing individual member stories and charity donations on social media using #CUDifference.