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On the , the newest NCUA joined along with other federal loan providers regulators, when you look at the appointment having county financial regulators, to situation a changed Interagency Declaration towards Loan Changes and you will Reporting to have Creditors Dealing with Consumers Affected by the fresh new Coronavirus (reveals this new windows) you to talks about bookkeeping and you will revealing considerations linked to passage of the fresh Coronavirus Services, Relief, and Economic Protection (CARES) Work.
It page describes multiple steps credit unions can use to partner with consumers exactly who feel pecuniary hardship because of the COVID-19 pandemic, regarding giving additional investment to creating brief otherwise permanent financing improvement. Continue reading
