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Credit unions have long played a vital role in the communities they serve, providing much-needed access to capital for individuals and local businesses alike. This current time of crisis, marked by a global pandemic and shaky economic conditions for many, is no different. Many have stepped up to continue serving their members, and to facilitate access to the Small Business Association's Paycheck Protection Program (PPP) loans throughout this challenging time. However, rapidly unfolding regulatory obligations and social distancing guidelines have certainly presented a unique confluence of challenges – challenges that credit unions must be equipped to handle in the future.
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