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A question CUs need to be asking now

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first_imgHow effective are credit union plans for addressing pandemics and business continuity?It’s a question credit unions need to be asking right now as the coronavirus outbreak continues to grow. Death tolls this week topped 1,100, with a record 100 officially reported as getting sick in a day. The coronavirus has already surpassed SARS (severe acute respiratory syndrome) in number of affected and killed.Experts told CUToday.info the growth of the coronavirus that CUs should be reviewing their pandemic and business continuity plans, which likely have not been visited since the SARS outbreak in 2002.“I think it’s too early to tell what kind of impact the coronavirus may have here in the U.S.,” said NAFCU Vice President of Regulatory Compliance Brandy Bruyere about the potential effects on personal health and credit unions’ business. “We’re just trying to make sure credit unions have the resources they need to take a look at this so they can be ahead of this.” continue reading » ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img


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