The DC Council approved legislation Tuesday aimed at mitigating the impact of the pandemic.

In partnership with, and in support of the local credit union community, The Credit Union Foundation of Maryland and the District of Columbia has established a new fund, the COVID-19 Response Fund, to help local credit unions to provide support for their members impacted by the COVID-19 pandemic.

Joining USSFCU as Chief Risk Management Officer (CRMO), Omar Ramsay is a Legal, Compliance, and Risk professional with more than 10 years of diversified experience in the banking and legal industries.

Point Breeze Credit Union has made a $30,000 donation to First Fruits Farm, a non-profit Christian ministry dedicated to providing fresh, nutritious produce to those experiencing hunger throughout the Mid-Atlantic region.

The federal financial institution regulatory agencies issued a revised interagency statement encouraging financial institutions to work constructively with borrowers affected by COVID-19 and provided additional information regarding loan modifications.

The second in an ongoing series of town halls brought together panelists to offer support and solutions for credit unions and their members during the COVID-19 pandemic.

U.S. Senator Chris Van Hollen and Congressman David Trone have sent a letter to Treasury Secretary Steve Mnuchin outlining their concerns with recently issued Treasury guidance contradicting the intended critical aid provided by the Paycheck Protection Program (PPP).

The Small Business Administration (SBA) just released a Frequently Asked Questions document for the Paycheck Protection Program (PPP).

To get the word out that credit unions are here to help consumers during the COVID-19 pandemic, the MD|DC Credit Union Association is reaching out through social media and traditional media.

PSCU compared transactions of its Owner credit union members on a same-store basis from March 2019 to March 2020 to identify the impact on consumer spending and shopping trends. Experts from PSCU’s Advisors Plus and Data & Analytics teams released year-over-year, same-store insights from March 1-21.