The August 2017 edition of the CUNA Economic Update, sponsored by CUNA CFO Council, is now available. This month’s update gives credit unions a look at the economic status of the credit union movement and addresses concerns brought up by former Federal Reserve Chair Alan Greenspan.
“The concern over the possibility of a bond-market bubble, while understandable, is not very likely,” said Mike Schenk, CUNA vice president of economics and statistics, who hosts the update. “Exploring some economic fundamentals will suggest that a bond-market route is only a remote possibility. Check out the video if you want a look at some strong loan and membership growth trends along with a description of the NCUA’s proposal to close the Stabilization Fund.”
The CUNA Economic Update is released each month and is free to CUNA member credit unions.