Alabamacu: Alabama credit unions provide over $567.5M in Covid-19 assistance

Credit unions in Alabama have provided Covid-19-related assistance to its members totaling more than $567.5 million. The Alabama Credit Union Association, a division of the League of Southeastern Credit Unions & Affiliates, found in a recent survey, in which 30% of credit unions responded, that credit unions in the state have helped consumers affected financially by the coronavirus pandemic through loan forbearances and extensions, fee waivers and small loans. The survey found that Alabama credit...