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    • Advocacy Programs >
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      • Hike the Hill
    • Grassroots Action Center >
      • 2020 Election
      • GREAT
      • Grassroots Coordinator Program
      • Project Zip Code
    • Support CU Advocacy
    • Regulatory Affairs
  • Professional Development
    • Calendar >
      • Event Policies
      • Annual Conference
      • Fall Leadership Conference
    • Get Involved >
      • Chapters
      • Committees
      • The CREW
      • Peer-to-Peer
      • Women's Leadership Network
    • Webinars
  • Member Resources
    • COVID-19
    • Solutions for Credit Unions >
      • Solutions Directory
      • MN CU Employee Benefits Plan >
        • Benefits Plan | Requesting a Quote
    • Compliance >
      • Submit a Compliance Question
      • Compliance and Audit Services
      • PolicyAid
      • The Pulse: Compliance
      • Elder Financial Abuse Prevention
    • News >
      • The Pulse
    • Publications
    • Awareness Campaign
    • Awards >
      • State Awards
      • National Awards
    • CU FORWARD
    • CU Green
    • Health Savings Account Finder
  • About
    • About MnCUN >
      • Contact
      • Our Team
      • Board of Directors
    • About Credit Unions >
      • Consumer COVID-19 Resources
    • Partner with Us
  • Jobs
  • Foundation
    • Contribute
    • Apply for a Grant >
      • Financial Education Grant Application
      • Professional Development Grant Application
      • Pandemic Relief Grants
    • Financial Education Resources
    • CU Builder
    • Foundation Programs
    • CU4Kids
    • Scholarship Council >
      • 2020 FSC Scholarship Application

The Pulse

COVID-19 Update for Credit Unions

6/3/2020

 
Regulatory and Legislative Updates for credit unions during to COVID-19 pandemic.

MnCUN, CUNA and Leagues wrote to the Small Business Administration (SBA) and the Treasury Friday to seek clarity on Paycheck Protection Program (PPP) loan forgiveness. Credit unions and other lenders need detailed guidance on loan forgiveness as conflicting processes are likely to create problems and lead to litigation:
​
CFPB: CFPB Issues FAQs on Remittance Transfer Issues Related to COVID-19 – June 2, 2020


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    The Pulse

    The Pulse is MnCUN's newsletter that keeps credit union professionals and board members updated on current news and information. 

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