Credit Union Leaders Join NWCUA’s Idaho Rebounds Meeting
Posted by Lynn Heider on June 4, 2020
Leadership from Governor Brad Little’s team and Rep. Rick Youngblood (R-Nampa-11) briefed Gem State credit union leaders on how the state is fairing amid the COVID-19 pandemic — and the news is better than in most states.
Legislative management of state coffers over the years, is a large part of what’s helped Idaho to weather the COVID-19 storm, according to Alex Adams, Administrator & Budget Chief, Idaho Division of Financial Management. The Governor has directed state agencies to prepare for 5% budget cuts, a much less painful directive than those being issued in neighboring states.
The state is offering resources to businesses, Adams said, including $31 million set aside for small businesses that did not obtain Small Business Administration Paycheck Protection Program loans. He congratulated credit unions for their work to provide PPP loans to thousands of businesses.
Rep. Youngblood also thanked credit unions for their work for Main Street. Youngblood noted that while the Idaho Rebounds program is off to a good start, the public needs to feel more comfortable and get back out into the community.
To that end, Bobbi-Jo Meuleman, Director of Intergovernmental Affairs for Gov. Little, acknowledged consumer confidence is a challenge the state is ready to address. The One Idaho campaign will soon roll out to reassure consumers the state is open and that the right precautions are being taken to protect consumers’ health and safety.
Here are helpful links:
NWCUA will host the Oregon State Re-Entry Meeting June 11 at 2:00 p.m. Pacific Time, and a Washington State Re-entry Meeting June 11 at 3:00 p.m. Pacific Time.
Posted in Advocacy on the Move.