Credit union service organization PSCU has updated its weekly transaction analysis from Owner credit union members to reflect the impact of the coronavirus, finding that credit spending overall was down 32 percent while debit spending was down 11 percent. The union said in a release...
March 11 marked the end of traditional business in the U.S., maybe even the rest of the world – and probably forever. That was the day when the World Health Organization (WHO) declared COVID-19 a global pandemic and federal, state and local governments began to...
May 06, 2020
North Carolina Gov. Roy Cooper plans to ease his stay-at-home order as evidence suggests that COVID-19 cases have stabilized. The governor’s executive order, effective on Friday (May 8), will allow more businesses to open and will replace a stricter mandate that he issued on March 30, the Associated Press reported. “We are easing restrictions in […]
April 21, 2020
Credit union service organization PSCU has updated its weekly transaction analysis from Owner credit union members to reflect the impact of the coronavirus, finding that credit spending overall was down...