Paul Parrish, executive vice president and chief financial officer for Nevada Federal Credit Union, has joined the Credit Union Economics Group.
“I'm honored to join this elite group of credit union professionals dedicated to the credit union movement,” Parrish said. “I look forward to participating in the economic and financial research that will aid credit unions in their strategic planning efforts.”
Parrish has been with the $600 million, 80,000-member Nevada FCU credit union since 1981. He also serves as chairman of Member Gateways LLC and is on the board of directors of X-Card Systems LLC.
“CUEG is excited to have Paul Parrish join us as a member,” said Tun Wai, director of research and chief economist of NAFCU. “He is a very well qualified industry professional with expertise and knowledge of economic and financial information at the regional level. This will provide important perspective for the group and for the credit union community.”
CUEG is a working group of credit union officials located throughout the country who are dedicated to the current and future financial well being of the credit union movement, according to the group. CUEG's objective is to provide credit unions with consensus macroeconomic forecasts and industry trend analyses that will be helpful in their planning and operations.
The independent, nonprofit group also provides a credit union perspective on national and regional economic trends by exchanging information with the NCUA, the Federal Reserve Board and the various Federal Reserve District Banks.