COVID-19 IMPACTS ON FINANCIAL INSTITUTIONS

SRM Academy Brief

79% of banks and credit unions provided more education on using digital channels to help consumers weather the crisis.  

COVID-19 has already dealt tremendous blows to the financial services industry. With so much uncertainty, this report aims to help prepare your institution for what's next.

With data and projections gathered from industry analysts, this brief also highlights similarities to economic impacts of the 1918 Spanish Flu, focusing on how our "new normal" is affecting financial institutions. 

Topics covered include:

• SRM Academy survey results of banks and credit unions  after U.S. shelter-in-place orders took hold
   
• How short-term actions now can speed a recovery later
   
• Considerations for playing the long game to ensure competitiveness in the future

To learn more about how COVID-19 will change the landscape for your institution, fill out our form to access the SRM Academy Brief and receive a downloadable copy via email.