FICO, the source of the FICO Credit Score and Equifax, one of the big three credit reporting agencies, have teamed up to produce a tool to help credit unions and other financial institutions better predict their members’ economic behavior.

The tool, called the FICO Economic Impact Index will be available with only the Equifax BEACON 09 credit scores and will use economic forecast data provided by Moody Investor Services to predict how a credit score should be calibrated to reflect different economic situations. Thus an economic score of 700 might slide 27 points in the most dire circumstance in the broader economy, but only 13 points if the economic slide is followed by a sharp and speedy recovery.

Complete your profile to continue reading and get FREE access to, part of your ALM digital membership.

Your access to unlimited content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including and

Already have an account?


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2023 ALM Global, LLC. All Rights Reserved.