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CARES Act resources for your credit union

04/06/2020 - On March 27, President Trump signed the Coronavirus Aid, Relief, and Economic Security (CARES) Act into law. The CARES Act has several provisions designed to provide relief to individuals and small businesses. Chief among these, and pertinent to credit unions, is the Payroll Protection Program (PPP) for qualifying businesses. While credit unions are not currently eligible to apply for these stimulus funds for themselves, you can learn more about the PPP and how your credit union may be able to assist its members.