Lending

Greater Commercial Lending of Reno, Nev., pivots to provide PPP and other government loans.

While credit union trade groups want automatic loan forgiveness for PPP loans of $150,000 or less, $50,000 is a good step forward.

But first mortgages are now the only major growth area in the credit union portfolio.

Sixty percent of small firms are still reporting negative financial impact with nearly half of that group saying it is significant,

The hit to their earnings potential could take decades to recover.

"The housing market has withstood basically every obstacle that the pandemic has thrown its way."