The latest NCUA free economic video update is now online. The June video covers how economic trends are likely to affect credit unions and provides an update about the status of the corporate credit union system. NCUA Chief Economist John Worth hosts the video and he reviews recent economic indicators and events while also explaining what these developments might mean for credit unions, including the effects of changes in housing markets, employment rates, new construction starts, and consumer purchases.
Worth also interviews David Shetler, the deputy director in the NCUA’s Office of Corporate Credit Unions. The interview highlights recent developments in the corporate credit union sector, provides a general outlook about where the sector is going, and explains what these developments will mean for consumer credit unions.