NCUA is encouraging credit unions to work with members who face difficulty in making their loan payments as a result of the coronavirus. “NCUA will not require these coronavirus-related loan modifications to be converted into troubled debt...
As we continue to work through the coronavirus pandemic, LSCU is looking for ways to bring added value to our member credit unions, even as we cannot meet with them in person. Last week we held a webinar/dialogue for credit unions to discuss the...
The NCUA sent a letter to credit unions Friday, 20-FCU-02, NCUA Actions Related to COVID-19 – Annual Meeting Flexibility, announcing greater flexibility in conducting annual meetings. The letter explains that due to the President’s national...
On March 20, the LSCU held a town-hall style webinar for credit unions with more than 170 participants, covering topics from how to handle members visiting branches or drive thrus wearing masks to special programs being implemented to assist members...
LSCU CEO Patrick La Pine and LSCU President Jared Ross worked closely with two Georgia bank trade associations to make a statement to media, reassuring consumers that their funds are safe and that financial institutions are working to serve them...
During these unprecedented times, the LSCU aims to be a resource for member credit unions for preparedness and held an important webinar to facilitate a dialogue with other credit union professionals in the LSCU’s three-state footprint. Topics...
As more people are working remotely to practice social distancing or to comply with city, county or state stay-at-home mandates, LSCU asked our LSCU team members who work remotely all year for their best practices and tips for working from home...
CUNA’s Member Activation Program can help credit unions connect directly with their members via regular updates regarding the impact of COVID-19 on the credit union. “These communications are meant to provide reassurance and comfort to their...
Today, the U.S. Treasury Department announced it will move Tax Day from April 15 until July 15 in response to the coronavirus pandemic, according to an article in Politico. The decision follows widespread complaints by tax payers about the deadline...
During these unprecedented times, the LSCU aims to be a resource to you for preparedness and is planning an important webinar to facilitate a dialogue with other credit union professionals in our three-state footprint this Friday, March 20, at 10 a...