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NAFCU members have until Oct. 31 to submit their responses to the current Economic & CU Monitorsurvey, which includes a special focus on liquidity issues and overdraft practices.

One of the questions in this month's survey is, "Would your credit union be more likely to join [a Federal Home Loan Bank] if NCUA considered FHLBs to be authorized sources of emergency liquidity?" Others focus on overdraft/courtesy pay fees (are they tiered?) and whether the credit union reverses overdraft charges on a case-by-case basis.

NAFCU encourages credit unions to participate in the survey. The data produced from ECUM surveys helps NAFCU in its advocacy efforts before federal agencies, including NCUA, CFPB and the Federal Reserve. The surveys also allow credit unions to receive insight into federal credit union trends and to benchmark against geographic and asset level peers.

Credit unions can fill the survey out online or via an Excel file and return to research@nafcu.org.