NAFCU announces new survey, iPad giveaway

Nov. 29, 2012 – NAFCU members have until Dec. 3 – next Monday – to enter to win a free iPad the association is awarding to one lucky participant of its new Regional Outlook survey.

Released monthly, the NAFCU Regional Outlook will provide a convenient snapshot of credit union growth indicators on a regional basis, including membership, shares, assets, net income, net worth, loan balances, delinquencies and more. Because it is based on a monthly survey, the Regional Outlook allows for a more comprehensive, up-to-date look at the credit union industry landscape.

NAFCU Chief Economist David Carrier said the information gathered in the survey serves a number of purposes that are critical to maintaining the competitiveness of member credit unions. “Survey data is used in the monthly Economic and CU Monitor, which assists member credit unions with business decisions and allows them to benchmark their performance against their geographic and asset size peers,” he said. “The information is used by NAFCU for lobbying activities on Capitol Hill, in comment letters to the NCUA and other regulatory agencies, and with the media.”

Carrier added that NAFCU’s Research Division is grateful for those credit union members who participate in the monthly survey and make this valuable information possible. “The iPad giveaway is our way of saying ‘Thank you!’”

Available only to NAFCU members, the index can be accessed online. The index is just one of many new tools NAFCU’s research department has developed to keep members informed on the economy and financial analysis.

To be eligible to win the iPad, surveys must be received no later than 10 p.m. Eastern Dec . 3. NAFCU emailed members a link to the survey Nov. 16; if you missed it, email us.