Thank you for tuning in to episode 146 of The CUInsight Experience podcast with your host, Randy Smith, co-founder of CUInsight.com. This episode is brought to you by Elan Credit Card. Elan partners with [...]
Credit union lending growth exceeded expectations in the first half of 2022. For example: Unprecedented loan growth: CUNA Chief Economist Mike Schenk had projected credit union loan growth at 8%, but mid-year data showed loans [...]
CUNA Chief Economist Mike Schenk shared the findings from CUNA’s recent white paper during a recent interview with CUBroadcast. The paper—based off CUNA’s 2022 National Voter Poll—shows credit union members generally [...]
CUNA Chief Economist Mike Schenk discusses the overall health of the economy, the Federal Reserve’s next steps, and the stock market in the latest Economic Update. “If you forced me to put a percentage [...]
October rates will continue to follow recent mortgage rate spikes, CUNA Chief Economist Mike Schenk said during a recent interview with Fox Business. He added mortgage rate trends are likely to continue through October. "We [...]
What’s the deal with the housing market, and how does it affect you? Those are among the questions CUNA Chief Economist Mike Schenk answered during a recent interview with Buzzfeed. With housing prices on [...]
One fact is clear in the face of uncertainty presented by the coronavirus (COVID-19) pandemic: Credit unions have shined in their efforts to support members, says Mike Schenk, CUNA’s chief economist and deputy chief [...]
As the coronavirus (COVID-19) pandemic continues, CUNA’s economists are closely following the situation. They recently discussed the economic and credit union impact of COVID-19 during the CUNA Managing Economic and Operational Challenges COVID-19 eSchool, [...]
The coronavirus outbreak, while first and foremost a humanitarian crisis, will have a substantial financial impact on credit unions and their members. While the extent of that impact isn’t clear, Mike Schenk, CUNA chief [...]
CUNA has released the November 2019 edition of the Economic Update, sponsored by the CUNA Finance Council. In the November edition, Chief Economist Mike Schenk explores the disconnect between continued economic success national and the [...]
The Conference Board’s Consumer Confidence Index rose to 138.4 in September, which is up from 134.7 in July, and is the highest level since October 2000. That’s not surprising. The economy [...]
CUNA President/CEO Jim Nussle and Deputy Chief Advocacy Officer for Policy Analysis Mike Schenk addressed the state of credit unions and opportunities for the future Thursday at the Competitive Enterprise Institute. Nussle and Scheck [...]
In a letter delivered in April to Sen. Orrin Hatch, R-Utah, the National Taxpayers Union (NTU) urges the Senate Finance Committee to evaluate the tax-exempt status for large credit unions. NTU’s letter falsely characterizes [...]
Regulatory burdens are impeded consumer access to credit, CUNA Vice President of Research and Policy Analysis Mike Schenk told the Washington Examiner this week, when discussing the bipartisan Economic Growth, Regulatory Relief and Consumer Protection [...]
Despite some concerns about the economy in 2018—including rising market interest rates, worries over tax reform, and the heightened potential for trade war and geopolitical risks—credit union loan portfolios are on track to [...]
