ALEXANDRIA, Va. (March 19, 2013) – The National Credit Union Administration (NCUA) released the latest edition of the agency’s economic update today.
In this video, NCUA’s Chief Economist John Worth notes that labor markets appear to be strengthening and the outlook appears to be improving, although economic uncertainty remains. To drive home this point, Worth describes how credit union performance could fare under alternative economic scenarios for 2013.
Launched in January 2012, NCUA’s economic update video series is an ideal resource for credit union board members, loan officers and management. The latest economic update video is available for free on NCUA’s official YouTube channel.
NCUA is the independent federal agency created by
the U.S. Congress to regulate, charter and supervise
federal credit unions. With the backing of the full
faith and credit of the United States, NCUA operates
and manages the National Credit Union Share
Insurance Fund, insuring the deposits of more than
99 million account holders in all federal credit
unions and the overwhelming majority of
state-chartered credit unions. At
Pocket Cents, NCUA also educates the public on consumer protection and financial literacy issues.