The American Association of Credit Union Leagues, all 35 Leagues and CUNA wrote to Treasury and the Small Business Administration leaders Thursday calling for changes to the Paycheck Protection Program (PPP) Interim Final Rule released Thursday.
Governor Larry Hogan, in collaboration with Maryland’s financial institutions, announced a series of financial relief initiatives to provide further assistance to millions of Marylanders and small businesses who are facing economic hardships due to COVID-19.
"Support & Solutions: Pandemic Guidance for Credit Unions" is tomorrow Tuesday, April 7, 10:30 am – 12:00 pm.
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The MD|DC Credit Union Association sent a letter to the Maryland and DC congressional delegation urging them to consider the issue.
An article in Maryland Matters highlights how credit unions stand ready to help consumers, while credit union awareness spots will begin airing regularly on 105.7 The Fan.
The programs and initiatives in the Coronavirus Aid, Relief, and Economic Security (CARES) Act are intended to assist business owners with whatever needs they have right now.
The Senate took action late last night, passing the $2 trillion economic stimulus bill that now heads to the House for approval, and includes key provisions giving credit unions parity with banks.
Here's a breakdown of what is included in section 1106 of the federal economic relief bill passed by the U.S. Senate late Wednesday night.
The Families First Coronavirus Response Act takes effect on April 2, 2020 and will sunset on Dec. 31, 2020.