What impact will the COVID-19 pandemic have on consumer and cooperative finance in the coming months? What role will credit unions play in mitigating its effects?
Filene’s Special Report series sponsored by CO-OP Financial Services analyzes how the COVID-19 crisis may affect financial services providers, particularly credit unions. Part one presented an early analysis of the economic and social disruptions caused by the crisis and outlined the likely consequences many people will confront going forward. Part two reviews evidence as recent as June 2020 and focuses on concerns for financial services and looks specifically at how credit unions have responded.