The Economic Outlook & Credit Union Operations
Seismic demographic shifts and the resulting “lower for longer” interest rate environment mean longstanding economic assumptions, relationships and metrics are less relevant. Instead, politics and the political climate have assumed increasing importance.
In an environment characterized by crisis, uncertainty and increasing complexity, these trends are magnified. And for many members, financial well-being has declined dramatically during the pandemic, and at the same time borrowing and credit union operating results have fundamentally changed. In this session, CUNA's Chief Economic Officer Mike Schenk and Senior Economist Jordan van Rijn will explore these themes and their implications for credit union operations in 2021 and beyond.
Speakers:
- Mike Schenk, Deputy Chief Advocacy Officer for Policy Analysis and Chief Economist, CUNA
- Jordan Van Rijn, Senior Economist, CUNA
Sponsored by CO-OP Financial Services