ALEXANDRIA, VA. (4/30/12)--The improving economy's impact on credit unions, and how credit unions can access the latest economic data online, are both addressed in the latest YouTube briefing by National Credit Union Administration (NCUA) Chief Economist John Worth.
"Continued improvement in key economic indicators is good news for credit unions. Falling unemployment and stronger consumer spending will likely help credit unions' bottom lines in 2012," Worth said in an NCUA release. "Credit unions also could expect to see increased deposits, fewer delinquencies and charge-offs, and increased loan demand," he added.
The video also shows how credit unions can access information on key economic indicators like unemployment rates and housing price trends.
The agency earlier this year announced it would release an ongoing series of YouTube videos to inform the public and credit unions about general economic and credit union specific developments.
The videos can also be viewed on the NCUA's YouTube page by using the resource link below.