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NAFCU is creating a new Credit Union Sentiment Index, which will reflect association's members' views on prospects for credit union growth, loan conditions and regulatory burden. The index, based on credit unions' survey responses, will appear in NAFCU's monthly Economic & CU Monitor.

Survey responses on this index and NAFCU's next Economic & CU Monitor are due June 2. This month's Monitor features the topics of data security and Bank Secrecy Act.

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.

Credit union responses to 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.