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Financial Services Law Insights and Observations

Oregon releases guidance for credit unions during Covid-19

State Issues Covid-19 Oregon Credit Union

State Issues

Oregon’s Division of Financial Regulation communicated with credit union CEOs regarding operational adjustments due to Covid-19. Among other things, the state requests notice if credit unions temporarily close branches, decide to offer special programs, or make public statements about their response to Covid-19. The letter also notes that examinations will continue to be conducted offsite.