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During these unprecedented times, consumers are looking for leadership, service, and stability. Community banks and credit unions are in a prime position to offer all three, simultaneously. enhancing business continuity and fostering goodwill throughout the community.

The COVID-19 global pandemic has impacted credit unions in many ways. One effect of this pandemic is that credit unions are being forced to restrict hours at their physical branches, or to close those branches altogether. As they have done so, more and more credit unions have turned to digital banking and digital lending technology to keep up with the needs of their members.

This morning the Federal Reserve made further unprecedented moves to bolster the economy and provide security to banks and credit unions participating in the Paycheck Protection Program (PPP). Financial institutions need to act right now, for the good of the communities they support and for their own stability and bottom lines.

The Coronavirus/COVID-19 pandemic has brought chaos everywhere. What can credit unions do to stay aloft, and help their most vulnerable members and employees?  This post was inspired by a recent article we read on CreditUnion.com that we wanted to add additional thoughts on.

Soon, many Americans will receive coronavirus relief checks from the federal government. But what about those who do not have a bank account, nor any easy way to access these funds? Senator Sherrod Brown of Ohio has proposed a solution. His proposal also points to some unique opportunities for credit unions to embrace digital banking software. Visit this article to learn more about the promise of online account opening software for credit unions, especially during these perilous times.

One of our favorite parts of providing software solutions to credit unions is giving them the tools to serve the members of their communities and change lives for the better. Not only do credit unions provide an excellent member experience for lending and deposit accounts, but they also make it a priority to serve their communities in multiple charitable ways.