Financial relief program brings windfall for banks, credit unions

USF Federal Credit Union processed more than $15 million in PPP loans, raking in $750,000 from fees.

  • By Business Observer Staff
  • | 6:00 a.m. May 29, 2020
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The federal government’s Paycheck Protection Program helped many workers and small businesses weather the COVID-19 storm. It also helped pad the books of credit unions and banks, many of which worked double-time to get funds to clients. 

 

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