Lending

Credit unions issue 196,010 forgivable loans under the program meant to offset the economic damage caused by COVID-19.

CU Times speaks with several credit union leaders who believe, despite the initial stress of the PPP process, they are better prepared for what's ahead.

The extension runs to Aug. 8; it would have to pass the House, which had approved a year-end extension.

Credit unions are facing rising liquidity, weak asset growth and low yields.

A new TransUnion survey finds economic anxiety is growing as more consumers cut back on saving for retirement.

The legislation calls for the creation of a simple online calculator to help small-business owners fill out complex loan forgiveness forms.