Summary Letters to Credit Unions 20-CU-03 Identification of Essential Critical Infrastructure Workers During COVID-19

Letters to Credit Unions 20-CU-03 Identification of Essential Critical Infrastructure Workers During COVID-19

March 2020

*** Also See NASCUS’ COVID-19 Resource Page 

NCUA released LTCU 20-CU-03 to provide credit unions information on identifying and credentialing essential employees during the COVID-19 pandemic. In an effort to limit the spread of the corona virus, some states and localities have order residents to stay home and limited work schedules.

These limitations on the general public contain exceptions for critical infrastructure workers: organizations, entities, industries, and workers needed to maintain critical services and functions for the public.

Relevant resources on critical infrastructure workers and industries include:

**NASCUS Note: After LTCU 20-CU-03 was issued, Homeland Security issued an updated CISA Memo dated March 28, 2020.

For the financial services and information technology sectors, CISA identified the following essential critical infrastructure workers:

Financial Services

  • Workers who are needed to process and maintain systems for processing financial transactions and services (e.g., payment, clearing, and settlement; wholesale funding; insurance services; and capital markets activities)
  • Workers who are needed to provide consumer access to banking and lending services, including ATMs, and to move currency and payments (e.g., armored cash carriers)
  • Workers who support financial operations, such as those staffing data and security operations centers

The guidance includes lists of other critical sectors and workers including information technology.

NCUA has resources on its website under “Other COVID-19 Resources”.

 

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