What is the Credit Union
Economics Group (CUEG)?
non-political, not-for-profit, and non-funded group of credit union officials
with economics and/or financial backgrounds who share a joint interest in
providing credit unions with a strategic view on the economy and in the
area of consumer financial services.†
The proposed group will consist of individuals who work with credit
union specific issues on a daily basis and are familiar with planning
challenges facing credit unions.
Who can join CUEG?
Membership is open to anyone from the credit union community with the appropriate interest and background. We’d like to have representation from all regions of the country to improve the quality of the Regional Reports. If you’d like to become a member, please email us your contact information.
What is the purpose
The purpose is to provide
an overall consensus economic picture with details on regional activity to
help credit union leadership with their strategic planning. The group will
also provide a credit union perspective on regional economic trends by
exchanging information with the NCUA, the Federal Reserve Board and the
various Federal Reserve District Banks.
Why was this group formed?
information is provided to credit unions on a very broad perspective and is
usually released to those that can afford the information.† Smaller credit unions need the same
timely information and some consensus forecast should be available to them
as well. The Federal Reserve needs to know credit union anecdotal
information on a timely basis. The credit union perspective is unique
because Federal Reserve staff members do not have ready access to this
information and credit unions have a strong relationship to the nationís
What is the schedule for
CUEG group meets once a year at the NAFCU Annual Conference. The group also meets once a year at one of the Federal Reserve Regional Banks. This year we met with President Bullard at the Federal Reserve Bank of St. Louis.
Questions or comments about
CUEG? Are you interested in joining us? Please email us!