Mike Schenk is vice president of economics and statistics for the Credit Union National Association (CUNA). As such, he conducts economic and financial research and provides support for CUNA's governmental affairs and public relations efforts. His analyses regularly appear in publications such as CUNA's Credit Union Magazine and Credit Union Executive.
An expert on the economy and credit union issues with more than 25 years of experience in the financial services industry, he is regularly interviewed by the media for stories appearing in national news outlets, including: The Wall Street Journal, MarketWatch, CNBC, Reuters, CNN, The Washington Post, The New York Times, Dow Jones News Service, and USA Today.
Schenk is also staff liaison to CUNA's Small Credit Union Committee and to the Membership Growth Task Force.
Before joining CUNA in 1992, he was director of research for Financial Research Corporation, where he conducted economic analyses, competitor evaluations, and product-line planning for mutual fund companies. His background also includes six years as director of interest rate risk management at the Chicago-based U.S. League of Savings Institutions. His responsibilities there ranged from helping savings institution executives understand asset-
liability and capital management issues, to providing support for the association's lobbying efforts in these areas.
Schenk volunteers as a board member of Summit Credit Union, a $1.5 billion asset credit union, and serves on the credit union’s Asset-Liability Management Committee.
He has a bachelor's degree in economics from St. Mary's College of Minnesota and a Master of Business Administration degree in finance from DePaul University, with a concentration in banking and financial intermediation.