Quantifying Credit Union 2020 COVID Response Survey

There are many ways credit unions are helping their members and communities affected by COVID-19. The purpose of this brief survey is to quantify, as best as possible, these efforts.

When completing the survey, please provide the COVID-related assistance your credit union has provided through December 31, 2020.

If you are unable to provide exact numbers, your best estimate is fine.

On behalf of your League, CUNA and AACUL, thank you.

1.Please provide your credit union's information.(Required.)

Full credit union name:

State:

Name of point person for this information:

Email of point person:

2.Has your credit union provided forbearance on loans consistent with Section 4013 of the 2020 CARES Act (i.e., as reported in account codes CV0001 and CV0002 of the December 2020 NCUA 5300 Call Report)?

Yes, my credit union has provided forbearance on loans consistent with Section 4013 of the 2020 CARES Act

No, my credit union has not provided forbearance on loans consistent with Section 4013 of the 2020 CARES Act

Other (please specify)

3.Excluding forbearance on eligible loans under the 2020 Cares Act asked about above, please indicate which of the following types of assistance, if any, your credit union has offered those affected by COVID-19. (Select all that apply.)

Modifications to existing mortgage loans held in portfolio (including junior mortgages and lines of credit)

Modifications to mortgage loans sold but serviced by your credit union

Modifications to existing consumer loans (e.g., skip a payment, lower interest)

Modifications to existing commercial loans (excluding PPP)

Emergency loans (e.g., payroll advance, 0% personal loan, deferred payment, etc.)

Fee waivers/reductions

Monetary donations and other assistance to community organizations

None of the above

Quantifying Credit Union 2020 COVID Response

Introduction