ODFI Townhall addresses questions on PPP, reopening, and more

Published by: Emily Leite

May 14, 2020 | Education & Training, Government Affairs, Regulatory

Connecting with regulators empowers Ohio credit unions to mold their future. That’s why the League recently brought the Ohio Divisions of Financial Institutions directly to credit unions during a recent townhall discussion. With nearly 40 different credit unions joining the dialogue, a variety of emerging issues impacting credit union operations were discussed, including the SBA’s Payroll Protection Program, reopening credit union lobbies, loan forbearance/deferrals, examinations, liquidity management, and examiner expectations in severe recession conditions.

If you missed the townhall or would like to reference it, you can visit the recording and others on our 2020 Townhall Series webpage or reach out to League Regulatory Counsel Chris Noble for more information.

CONTACT US

E: cnoble@ohiocul.org
T: (614) 923-9762
C: (614) 448-6237

Other Movement News

Government Affairs

Election night success for credit unions; see how the midterms impact your credit union

Thanks to your generous support throughout the 2021-2022 elections, the Ohio Movement engaged with 122 decision-makers and invested more than $570,000 in state and federal legislative champions. Your partnership led […]
Regulatory

Year end snapshot: State and federal credit union priorities

Just like your credit union, the League is hard at work ensuring a successful year end and is focused on promoting and protecting credit union interests at the Statehouse and in Congress. Here are the League’s top issues as legislators wrap up their sessions: House Bill 116, the Ohio Computer Crimes Act, would close a legal loophole that bad actors can exploit to access sensitive data and information without penalty.
Member Benefits

Tips to keep your members safe this holiday season

Help your members stay financially safe during the holiday season by downloading helpful tips in December’s Monthly Marketing Toolkit, a complimentary resource as part of your League membership.