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Home » Economic Update examines Fed finance survey, auto lending
Policy & Issues

Economic Update examines Fed finance survey, auto lending

August 5, 2021
Auto loans to lead growth

CUNA Data Analyst Paul Hellman dives into the Federal Reserve’s Survey of Consumer Finances in CUNA’s latest Economic Update. The update is a monthly video review of financial developments that affect credit unions and credit union members.

Highlights from the data involve the percentage of households using credit unions, changes in credit applications, and more.

Hellman also looks at data relating to:

  • Aging credit union membership.
  • Less labor force participation among credit union members,
  • Lending implications in the credit union system.
  • The need to attract more people to credit union membership.

He also discusses a paper he co-authored with former CUNA Senior Economist Jordan van Rijn exploring evidence and implications of better credit union prices when it comes to auto lending.  

Credit Union Magazine: Summer 2022

Summer 2022

Credit Union Magazine’s Spring 2022 edition highlights inclusive lending, succession planning, fair lending and artificial intelligence, and the use of environmental, social, and governance (ESG) as a competitive differentiator.
Digital Edition •  Subscribe

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