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    • Advocacy Programs >
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      • Grassroots Coordinator Program
      • Project Zip Code
    • Support CU Advocacy
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  • Professional Development
    • Annual Conference >
      • Annual Conference | Exhibitors
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      • Event Policies
    • Get Involved >
      • Chapters
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      • The CREW
      • Peer-to-Peer
      • Women's Leadership Network
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    • Solutions for Credit Unions >
      • MN CU Employee Benefits Plan >
        • Benefits Plan | Requesting a Quote
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      • Submit a Compliance Question
      • Compliance and Audit Services
      • PolicyAid
      • The Pulse: Compliance
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    • News >
      • The Pulse
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    • Awareness Campaign
    • Awards >
      • Professional and Volunteer of the Year
      • Marketing Awards
      • National Awards
    • CU FORWARD
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    • Health Savings Account Finder
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    • About MnCUN >
      • Contact
      • Our Team
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      • Consumer COVID-19 Resources
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    • Apply for a Grant >
      • GAC Scholarship Application
      • 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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