Actions needed now to head off deeper, longer crisis

first_imgThis is placeholder text continue reading » This post is currently collecting data… ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrcenter_img NCUA and Congress should take further steps to ensure credit unions remain in position to serve members during and after the pandemic, CUNA wrote to the House Financial Services Committee Thursday. NCUA Chairman Rodney Hood testified at the hearing, which also featured discussion of two CUNA-backed bills.The Access to Credit for Small Businesses Impacted by the COVID-19 Crisis Act (H.R. 6789) would exempt credit union business loans related to the pandemic from the member business lending cap for one year; and The Preventing Regulatory Penalties for PPP Lenders Act (H.R. 8675) would prevent regulatory penalties for Paycheck Protection Program (PPP) lenders.“Significant looming stress reflected in the Census Bureau Household and Small Business Pulse Surveys suggests the NCUA and Congress should act now to head off a deeper and longer lasting crisis—and to ensure that credit unions maintain their ability to effectively intervene and help members navigate through the mounting near-term risks,” the letter reads. “Therefore, as Congress contemplates further COVID-recovery legislation and exercises its oversight responsibilities over the Federal financial regulators, it is critical that policy be examined and modified to ensure credit unions remain in a position to serve their members throughout and after this crisis.”last_img read more

Owego Hose Teams host Trout Derby this weekend

first_imgThey say registration is a 10 dollar fee and you must register by Friday, April 3rd. Winners will be announced shortly after 6 PM on Saturday, April 4th and checks mailed the following Monday. In a press release, they said that contestants can still participate by taking photos of their trout caught and post their photos to the Owego Hose Teams Facebook page or they can email the Owego Hose Team at [email protected] All they have to do is show the trout with the measuring device indicating the trouts length and their number identifyer that the team will provide for you. They also mentioned that the chicken Barbecue that scheduled has been cancelled as well as the cup of clam chowder that the Croton House Co. They say that they are encouraging contestants to purchase meals from local restaurants instead. They say that fishing is limited to both the East and West branches of the Owego Creek. center_img OWEGO (WBNG)- The Owego Hose Teams Inc. has announced that they still will be doing their Trout Derby, scheduled for this weekend, virtually. They are encouraging all participants to follow the New York State on Pause guidelines by social distancing and avoiding contact with other people fishing.last_img read more