World Council created this page as a resource for the latest coronavirus (COVID-19) news, information and recommendations specifically relevant to credit unions across the globe. All of the content is provided by World Council, its members, or their affiliated credit unions and financial cooperatives. To share information from your organization on this page, please email us at email@example.com.
World Council put out a news release calling on national-level authorities and regulators to ensure that credit unions are properly designated as “essential” during the COVID-19 crisis. Some jurisdictions do not currently include credit unions in the definition of essential, even though this classification has been extended to banks.
Read WOCCU's entire news release here.