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The economic impact of COVID-19

The economic impact of COVID-19

FromAmerica's Credit Unions


The economic impact of COVID-19

FromAmerica's Credit Unions

ratings:
Length:
23 minutes
Released:
Mar 18, 2020
Format:
Podcast episode

Description

The coronavirus outbreak, while first and foremost a humanitarian crisis, will have a substantial financial impact on credit unions and their members. While the extent of that impact isn’t clear, Mike Schenk, CUNA chief economist/deputy chief advocacy officer, says one approach will keep credit unions on the right track: Be flexible and continue to engage with and assist members to the best of your ability. This episode of the CUNA News Podcast examines the potential impact of the pandemic on the economy, credit unions, and consumers; how near 0% interest rates will affect credit union operations; lessons from the Great Recession; and more.
Released:
Mar 18, 2020
Format:
Podcast episode

Titles in the series (100)

America's Credit Unions is a weekly podcast featuring credit union people and credit union ideas.