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WASHINGTON — CUNA Chief Economist Bill Hampel has grabbed hold of the mainstream media lately in all the hoopla over slower consumer spending and is using the time to put credit unions on the map.

In a Feb. 15 USA Today article on recent consumer spending trends, Hampel explained that he had been pleasantly surprised by a year-end up tick in savings at credit unions. “For much of the year we’d been telling credit unions, ‘It looks like we’re on track for the slowest growth year at credit unions since World War II.’ The last quarter of the year, it picked up,” he commented for the report.

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