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June 26, 2017

NAFCU's Monitor surveys on lending, Sentiment Index due Friday

Credit unions have until Friday to participate in NAFCU's Economic & CU Monitor survey on member-business and commercial lending, and the association's new Credit Union Sentiment Index survey.

The Sentiment Index survey will reflect association members' views on prospects for credit union growth, loan conditions and regulatory burden. It is featured within NAFCU's monthly Economic & CU Monitor.

Credit union responses for the sentiment index will provide NAFCU members, legislators and regulators with a simple and easy-to-understand measure of industry conditions from credit unions themselves.

Regarding MBLs and commercial lending, NAFCU's survey asks about the number of MBLs originated in 2016 and how credit unions' identity and track commercial loan originations. Credit unions are also asked about the types of commercial loan products they offer.

NAFCU relies on survey participation to provide its members a glimpse of trends affecting the credit union industry as a whole. Survey results are also used in NAFCU's advocacy efforts on Capitol Hill and with regulatory agencies such as the NCUA, the CFPB and the Federal Reserve.