social distance line of people Source: Shutterstock.

Seventy percent of 53 credit union executives who participated in a CUSO-sponsored survey said they had to temporarily close branches because of COVID-19 positive cases among staff or credit union members.

While less than 10% of executives surveyed said they had to permanently close branches because of the pandemic, another 25% said they either plan to permanently close branches over the next three years or possibly cancel branch construction plans.

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Credit Union Times

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