NAFCU has begun measuring how credit unions view the overall financial and regulatory landscape through a Credit Union Sentiment Index.
"The survey will be available to members each month and NAFCU encourages credit unions to participate," said NAFCU Chief Economist and Director of Research Curt Long. "Credit union responses to the sentiment index will provide NAFCU members, legislators and regulators with a simple and easy-to-understand measure of industry conditions from credit unions themselves."
The index is based on responses to eight questions and can range from zero to 100; NAFCU officials said that a score over 50 represents a generally positive or optimistic outlook. NAFCU said that 46 credit unions responded to the initial survey.
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