The Discover Spending Monitor is a quarterly report that
polls more than 8,000 consumers on a monthly basis. The survey details the
consumption patterns of members based on their intentions and capacity to
spend. It is unique because it is the only survey of its kind to focus on
credit union members.
The second quarter report indicates that spending intentions
and economic confidence have increased steadily but are still affected by the
high unemployment rate and the macroeconomic uncertainty in the market. With a steady
increase of consumer confidence, credit union members have also been found to
be more optimistic and have a better handle on their finances than non-credit
In this podcast with Kevin O’Donnell, Vice President of
Credit Issuance for Discover, you will learn how your credit union can take
advantage of these opportunities with your members. He will also discuss where
the current market trends are headed for the rest of 2012 and beyond.
Kevin has been with
Discover since 1985 and is responsible for Discover Network’s credit issuing
partner management and business development.
(Click link to view on SlideShare for download.)
Discover is the NAFCU Services Preferred Partner for turnkey credit, debit, and prepaid card programs for credit unions.