August 23, 2022

CUs: Share feedback in NAFCU’s annual Fed Survey, deadline tomorrow

Federal Reserve Credit unions are encouraged to share their insights and perspective on a variety of industry topics and issues through NAFCU’s annual Federal Reserve Survey, due tomorrow, which can be found in this month's Economic & CU Monitor survey. The association will share results of the survey directly with Federal Reserve Board Governor Michelle Bowman and senior Federal Reserve staff during NAFCU’s annual meeting with the Federal Reserve this November.

The results of the survey will be summarized in NAFCU's annual Report on Credit Unions, which has previously been referenced by the Treasury Department. Those who participate will receive a free copy of the 2022 report later this year; view previous reports here. Responses to the survey may be submitted online or via a downloadable PDF until August 24.

Through the survey, credit unions can provide their input on strategic initiatives, challenges, competitive pressures, future growth opportunities, and more.

NAFCU relies on survey responses to provide its members a glimpse of trends affecting the credit union industry. The association also uses survey responses to inform its advocacy efforts on Capitol Hill and with regulatory agencies such as the NCUA, the CFPB, and the Federal Reserve.

For more on NAFCU's award-winning research team, check out the association's Macro Data Flash reports for insights into interest rates, auto sales, home market.