NY Minute: Friday, May 1

As COVID-19 stress rises, employee mental health is a top priority at Hudson Valley CU THE NEW YORK MINUTE

Federal Reserve expands liquidity facility to support PPP lending THE NEW YORK MINUTE

NCUA’s Hood urges FASB to lift CECL exemption for CUs THE NEW YORK MINUTE

NCUA issues updated lending guidance to CUs THE NEW YORK MINUTE

IRS: Companies who receive PPP loans will not qualify for tax deductions THE HILL

Coronavirus mortgage bailout program grows again as more homeowners delay payments CNBC

State agencies face austerity measures as fiscal crisis worsens NIAGARA GAZETTE

CFPB updates, republishes consumer guide to COVID-19 stimulus relief REGULATORY REPORT

Credit unions support essential needs for essential workers CU TIMES

The CFPB to the rescue! NEW YORK’S STATE OF MIND