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Financial Services Law Insights and Observations

Iowa Division of Credit Unions publishes comprehensive resource for Covid-19 updates

State Issues Covid-19 Iowa Credit Union Notary Foreclosure Mortgages SBA CARES Act

State Issues

The Iowa Division of Credit Unions published a comprehensive resource containing information on Covid-19 regulatory updates. The document covers a range of regulatory changes applicable to credit unions, including: (i) the SBA-Paycheck Protection Program; (ii) Annual Meeting requirements; (iii) foreclosure moratoriums; (iv) remote notarizations; (v) member assistance; (vi) fraud awareness; (vii) moneys and credits tax filing deadline extensions (viii) loan deferments; and (ix) limitations of services/branch closures.