Earlier this week, Canada's big six banks said they're ready to help customers affected by COVID-19 which included a deferral of loan payments on a case-by-case basis.
Following that lead, Manitoba's Credit Unions have now followed suit, one of which is Fusion Credit Union in Dauphin.
"Manitoba's Credit Unions are really stepping up, we have always stood behind our members," said Ron Hedley, CEO of Fusion Credit Union. "We're going to do whatever we can to support our members, whether it's commercial, consumer, or agriculture."
Manitoba Credit Unions will look to provide its members with deferral payments of principal and interest on their mortgages for up to six months, on a case-by-case basis.
If you're in need of financial help during the growing concern of COVID-19 pandemic, Ron urges you to get in touch with your Credit Union for more information to see what options may be available to you.
"Credit Unions have a long history of helping its members," concluded Hedley. "Especially in a time of need. We'll be there and you can guarantee that."
