OCCU Offers Programs to Support Members and Employees Amid COVID-19 Impact
March 21, 2020
Oregon Community Credit Union (OCCU) is committed to enriching the lives of its members, employees, and the communities it serves. The credit union recognizes that during this time of uncertainty, as decisions are made regarding closures of businesses, schools, and events, additional stress will be felt by many.
“We understand that COVID-19 will require both immediate decision-making and long-term future planning to ensure the financial and economic stability of our community,” stated OCCU President and CEO, Ron Neumann. “In response, OCCU, in conjunction with the OCCU Foundation, has earmarked up to $1 million to support our collective needs as things unfold.”
In addition to OCCU’s ATM network and digital banking channels, OCCU has developed a variety of programs to support members’ immediate financial needs, including loan payment deferrals and low interest loans to help cover lost wages due to the impacts of COVID-19. All OCCU facilities have implemented enhanced cleaning and social distancing measures.
OCCU is also supporting employees by continuing to pay normal wages should an employee be impacted by COVID-19.
“These are unprecedented times, and we know many in our community are anxious about how work and day-to-day activities will be impacted in the coming weeks. Our belief is that in a time like this, we can help reduce financial uncertainty for both members and employees, allowing us all to focus on keeping our families healthy,” Neumann continued.
During this challenging time, the OCCU team will continue to work tenaciously to support its community.
Posted in Member News.