The CDC is responding to an outbreak of respiratory disease caused by a novel (new) coronavirus that was first detected in China and which has now been detected in more than 100 locations internationally, including in the United States. This is having massive reproductions for citizens as local and national governments are issuing strong recommendations. How can credit unions prepare and continue supporting members during this epidemic?
On January 30, 2020, the International Health Regulations Emergency Committee of the World Health Organization (WHO) declared the outbreak a “public health emergency of international concern” (PHEIC). On January 31, Health and Human Services Secretary Alex M. Azar II declared a public health emergency (PHE) for the United States to aid the nation’s healthcare community in responding to COVID-19. On March 11, WHO publicly characterized COVID-19 as a pandemic. On March 13, the President of the United States declared the COVID-19 outbreak a national emergency.
Tim Daugherty, Managing Director of our Business Continuity Group gave two webinars on the COVID-19 pandemic and what it means for credit unions. You may review those webinars here.