WASHINGTON-The Credit Union Economics Group will continue its series of meetings with officials at the Federal Reserve Banks when it meets with the St. Louis Federal Reserve Bank chief next month. CUEG is engaged in ongoing dialogue with the Fed banks on the role that credit unions play in the realm of consumer financial services. St. Louis Federal Reserve Bank President William Poole and his top staff will attend the April 18 meeting. “With Chairman Alan Greenspan having left and Vice Chairman Roger Ferguson leaving the Federal Reserve Board, it is important to the credit union industry that Federal Reserve leaders become familiar with the unique role credit unions play in the financial services sector,” Tun Wai, CUEG member and NAFCU chief economist, said. “President Poole is a key leader at the Federal Reserve and CUEG appreciates the opportunity to have this meeting.” “We view these meetings with Federal Reserve leadership as a valuable exchange of ideas and information,” CUNA Mutual Group Chief Economist Dave Colby said. CUEG is a working group of credit union officials nationwide who keep an eye on the current and future financial well being of the credit union community.

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