Credit unions continue their strong performance, in step with a growing economy according to the October edition of the CUNA Economic Update.
Sponsored by CUNA CFO Council and hosted by CUNA Senior Economist Jordan van Rijn, the update this month considers the effects of the credit union movement along with updated national economic prospects.
“The economy continues to grow along with credit union membership, loans and savings,” said van Rijn. “This month we focused on the effects of credit unions on the greater economy. Member and non-member benefits, how credit unions serve people of more ‘modest means’ and how non-financial benefits have an impact on the national economy. Understanding how is a key to growing and supporting the movement.”