Newsroom

April 22, 2020

How is coronavirus affecting CUs?

SurveyAs NAFCU continues to advocate for credit unions' needs in the wake of the coronavirus pandemic, the association encourages members to participate in the Economic & CU Monitor survey to further inform these efforts.

This month, the survey is focused on impacts of the coronavirus, including topics such as the Small Business Administration’s (SBA’s) paycheck protection program, mortgage forbearance requests, stimulus payments and examinations. Responses are due Tuesday, April 28.

To see all NAFCU's coronavirus-related advocacy and resources so far, visit its dedicated coronavirus page.

NAFCU relies on survey responses to provide its members a glimpse of trends affecting the credit union industry as a whole. The association also uses survey responses to inform its advocacy efforts on Capitol Hill and with regulatory agencies such as the NCUA, CFPB and Federal Reserve.

For more on NAFCU's award-winning research team, check out the association's Macro Data Flash reports for insights into interest rates, auto sales, the home market.