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From left to right: Bill Hampel, chief economist and chief policy officer for CUNA, Steve Rick, chief economist for CUNA Mutual Group, Mike Schenk, vice president, economics and statistics at CUNA and Perc Pineda, CUNA's senior economist.

WASHINGTON – Despite the expected rise in interest rates and inflation, credit union economists project strong growth for credit unions, including a fourth year in a row of double digit loan increases.

Perc Pineda, CUNA’s senior economist, said the U.S. economy is expected to continue to grow moderately, labor markets will continue to improve and there will be an acceleration of inflation, which all have implications for credit unions.

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Peter Strozniak

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