Fed
to set up facility to purchase PPP loans; NAFCU here to assist CUs
As credit unions seek ways to support members impacted by the coronavirus, including
through the Small Business Administration's (SBA) new paycheck protection
program, NAFCU remains steadfast in its commitment to provide the best federal
advocacy, compliance assistance, and education to ensure credit unions can do so effectively.
Today:
Navigate PPP with NAFCU webinar
How can credit unions navigate the
Small Business Administration's (SBA) paycheck protection program (PPP)?
Today, NAFCU is offering a free webinar to provide expert guidance on the process
for offering loans through the new program created by the CARES Act.
FI
regulators offer flexibility to mortgage lenders
Financial institution
regulators, including the NCUA, have issued a joint policy statement to provide
regulatory flexibility to mortgage lenders and enable them to work with customers
who may be struggling due to the coronavirus emergency.
Download the CARES Act Summary Chart
A section by section breakdown of H.R. 748 highlighting key provisions and
the impact on CUs