States and businesses continue searching for safe ways to reopen while the Covid-19 virus spreads across the country. It’s a stressful endeavor, and one that must be done strategically. If not done well and thoughtfully, businesses like credit unions risk frustrating and alienating people.
Social distancing has been easy for only a few of us. For most, it’s been… difficult. Many of the CU 2.0 team have replaced a social life and recreational activities with work. It’s stressful, but we all cope how we can.
I’m not much of a crier. Last week I had a breakdown.
I couldn’t stop thinking of all the lives this pandemic has affected—and cut short.
I know I’m not alone here. All over the world right now, people are struggling. Many are laid off and can’t make rent. Some might lose houses. Others are fighting to breathe.
And it’s going to get worse before it gets better.
The novel coronavirus, or COVID-19, has officially been labeled a pandemic by the WHO. As cases spread throughout the U.S., many companies are reviewing their policies, processes, and procedures to slow the spread of the virus. Many aspects of life are changing. People are working remotely, others are laid off or furloughed, all events are canceled or postponed, and more than a few people decided that now is the time to buy a year’s supply of toilet paper.
But there is cause for all these precautions. The coronavirus is more virulent and contagious than the common flu, and 40–70% of the world is projected to become infected. Many industries are already seeing major losses of income, including those in performance, sports, the service industry, and anybody connected with travel and tourism.
In times like these, credit unions can step up for their members while also keeping themselves safe. Here are a few Coronavirus safety and prevention tips for credit unions.
The novel coronavirus (COVID-19) is escalating pretty quickly, both nationally and abroad. Between Ongoing Operations and CU 2.0, we’re seeing the challenges that credit unions are facing—and we’re getting ideas about how to fix them.
Now that COVID-19 is officially a global pandemic, businesses and entire industries are taking precautions. Schools are closed, events are canceled, and some cities are even enforcing lockdowns. Credit unions are also feeling the pressure.