Archive for April, 2020

SBA Loans (PPP, EIDL) – What are They and Who can Apply?

[ 0 ] April 27, 2020 |
SBA Loans (PPP, EIDL) – What are They and Who can Apply?

Our nation’s small businesses are facing an unprecedented economic disruption due to the Coronavirus (COVID-19) outbreak. On Friday, March 27, 2020, the President signed into law the CARES Act, which consisted of billions of dollars in relief programs for American workers and small businesses. As we work through these unprecedented times, the government continues to […]

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Coronavirus Scams to Avoid

[ 0 ] April 17, 2020 |
Coronavirus Scams to Avoid

Here are some scams that have been circulating lately. Click on an image to read more:   1. Beware of bogus products and investments As scammers prey on Coronavirus fears, there’s been an uptick in the sale of bogus products like masks, immune system boosters, and sanitizers. If you can’t find hand sanitizer locally, it’s […]

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Economic Impact Payment Information: Stimulus Checks

[ 0 ] April 17, 2020 |
Economic Impact Payment Information: Stimulus Checks

The Economic Impact payments, also known as Coronavirus Stimulus checks, have started arriving in many of our members accounts. Here’s what you need to know:  Payments are posted to members accounts as they are received. Unfortunately, IAACU does not know the status of incoming payments from the IRS. If you’re expecting a payment, keep an […]

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IAACU COVID-19 Update

[ 0 ] April 16, 2020 |
IAACU COVID-19 Update

IAACU QUICK FACTS Data as of 03.31.20 HQ: Bloomington, IL ASSETS: $284.8  Million MEMBERS: 16,921 12-MO SHARE GROWTH: 7.34% 12-MO LOAN GROWTH: 8.88% News about COVID-19 (Coronavirus) is changing at a rapid pace, and we would like to let our members know that we are all in this together! We as a Credit Union are […]

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Coronavirus Tax Relief

[ 0 ] April 13, 2020 |
Coronavirus Tax Relief

On March 20, 2020, the US Department of the Treasury released Notice 2020-181, providing additional tax relief to taxpayers affected by COVID-19. Notice 2020-18 (March 20, 2020) supersedes Notice 2020-17 (March 18, 2020); IRS Releases Filing and Payment Deadlines Questions and Answers (March 24, 2020). On March 20, 2020 The United States Department of the […]

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Coronavirus: How Long can it Live on Surfaces?

[ 0 ] April 5, 2020 |
Coronavirus: How Long can it Live on Surfaces?

It seems as though everyone has different ideas of how COVID-19 can spread. The best way to prevent it from spreading is to sanitize surfaces and wash your hands consistently! Here’s a bit of info on how long the virus can stay on surfaces from WebMD. Stay informed, stay vigilant, and stay healthy!

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