Also: NAFCU needs you, contact lawmakers today; Berger confident in Americans' perseverance



NAFCU TODAY | The News You Need Daily.

April 3, 2020



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5 things to know on coronavirus [ [link removed] ]
NAFCU's widely-read NAFCU Today is credit union leaders' go-to source for the latest on issues impacting the credit union industry. For those short on time, here's a roundup of this week's top need-to-know updates and resources related to the coronavirus pandemic.


CUs: Share your experience with Congress, oppose efforts that could harm industry [ [link removed] ]
NAFCU remains committed to ensuring a regulatory and legislative environment that allows credit unions to serve members and thrive throughout coronavirus relief efforts. In a new message to members, NAFCU Director of Political Affairs Chad Adams encouraged credit unions to join the association in its advocacy to push back against legislative efforts that could harm the industry.


Berger to Americans: Stand together during coronavirus pandemic  [ [link removed] ]
"The challenges that lay ahead are no match for the will and perseverance of the American spirit. This belief has never been truer than it is today," wrote NAFCU President and CEO Dan Berger in an editorial published in CEO World.






Compliance Blog roundup: Skip-a-pay, new paid leave requirements, NCUA webinar, more [ [link removed] ]
NAFCU's award-winning Compliance Team is working around the clock to publish new Compliance Blog posts daily, Monday-Friday, to keep credit unions informed of important regulatory updates during the coronavirus pandemic. Here is a roundup of this week's blog posts.


10M unemployment claims filed in past 2 weeks; CUs asked for insights into coronavirus impact [ [link removed] ]
The Labor Department's initial unemployment claims estimate for this week increased significantly to 6 million. Combined with last week's initial claims, 10 million Americans have applied for unemployment, which NAFCU Chief Economist and Vice President of Research Curt Long noted is "over 6 percent of the labor force."


What to know about leading during a crisis [ [link removed] ]
NAFCU is offering a free webinar next week to help credit unions operate successfully during the coronavirus pandemic. As many operations move online and in-person interaction is limited, this webinar will guide leaders to keep strong connections with employees and members.


Vehicle sales collapse in March [ [link removed] ]
Total vehicle sales plummeted from February's rate of 16.7 million annualized units to 11.4 million annualized units in March. Monthly sales levels were down 34.1 percent versus March 2019.



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