Find out how to minimize credit risks related to COVID-19 pandemic

Participants in an NCUA webinar on Wednesday at 2 p.m. can learn about the potential areas of credit risk resulting from the COVID-19 pandemic, and find ways to minimize potential risks to their balance sheets.

Topics that will be covered during the webinar include:

  • credit markets’ status;
  • current federal regulations;
  • what NCUA examiners look for;
  • suggestions on reporting risk to a credit union’s management and board; and
  • advice for proactively managing credit risks.

“COVID-19 has had a significant impact on the economy, credit unions, and their members,” said Todd M. Harper NCUA chairman. “Going forward, the top priority for the NCUA will be ensuring that credit union members, the credit union system and the Share Insurance Fund are prepared to weather any economic fallout related to the pandemic.”

Interested participants can register for the webinar, “Pandemic-Related Credit Risks for Credit Unions” webinar by clicking here.

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