Credit Union Times | Accurate and Timely CU News

Despite Promises, Paycheck Protection Program Continues to Flounder

By David Baumann

A CUNA official calls the system's failures "a disturbing blow to the efforts by credit unions" trying to get loans to Main Street businesses.

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Credit Unions Get Compliance Help

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NCUA Opens Second Round of Minority Mentor Grants

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April 28, 2020

Portland Credit Union Readies for Round Two of PPP

Point West Credit Union helps its small business members navigate the Paycheck Protection Program.

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April 27, 2020

Credit Unions Getting Tech Help With PPP Loan Processing

Jack Henry & Associates, Inc. and NYMBUS discuss successes they've seen with new lending programs connected to the PPP.

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April 27, 2020

Lawmakers Try to Target PPP Funds for CDFIs & Even Payday Lenders

Some lawmakers want to ensure small, non-bank lenders such as installment lenders (payday lenders) are eligible to obtain PPP loans.

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April 27, 2020

Oregon Man Allegedly Impersonates CU Employees to Steal Money From Members

Winston Gray, charged with bank fraud, allegedly uses text messages and phone calls to steal members' personal information.

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April 27, 2020

Fuel Pump EMV Liability Shift Still Scheduled for Oct. 1

Visa denies retail and other groups their request to delay the liability shift until after the coronavirus crisis has passed.

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April 24, 2020

Federal Reserve Agrees to Lift Regulation D Limit on Savings Account Transactions

The Fed says due to the coronavirus crisis, depositors have a more urgent need for access to their funds by remote means.

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April 24, 2020

NCUA Abruptly Postpones 'Rebranding' Project After Contracts Made Public

More than $500,000 is contracted out for a major rebranding project not publicly discussed by the NCUA. The project is now on hold.

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Top News Stories

Despite Promises, Paycheck Protection Program Continues to Flounder

Credit Unions Get Compliance Help

NCUA Opens Second Round of Minority Mentor Grants

Recommended Just For You

News Stories

Portland Credit Union Readies for Round Two of PPP

Credit Unions Getting Tech Help With PPP Loan Processing

Lawmakers Try to Target PPP Funds for CDFIs & Even Payday Lenders

Oregon Man Allegedly Impersonates CU Employees to Steal Money From Members

Fuel Pump EMV Liability Shift Still Scheduled for Oct. 1

Federal Reserve Agrees to Lift Regulation D Limit on Savings Account Transactions

NCUA Abruptly Postpones 'Rebranding' Project After Contracts Made Public