CDCUs Respond to COVID-19: CASE Credit Union
CASE Credit Union Quickly Mobilizes to Become Heavily-Invested PPP Lender
CASE Credit Union started in 1936 in Lansing, Michigan, as an education credit union. While they now hold a statewide charter, CASE still focuses on classrooms and more unconventional educational settings. A designated Community Development Credit Union, CASE continuously looks for any way to help the community.
As a result of the COVID-19 crisis, CASE Credit Union quickly mobilized —redistributing workloads and shifting priorities—to become a heavily-invested Paycheck Protection Program (PPP) lender.
CASE has approved 77 PPP loans totaling $4.1 million—with the average loan size being $54,000 (as of May, 2020).
Read more of CASE Credit Union's COVID-19 story below or click the link in the title: