Articles by Mike Schenk
The state of the CU movement is vastly improved, but challenges remain, especially for small CUs.
February 4, 2014
As a group, small CUs face shrinking membership and loan growth.Read More
The state of the CU movement is vastly improved, but not all CUs are seeing the same results.
January 6, 2014
The state of the CU movement is vastly improved, but not all CUs are seeing the same results.Read More
Despite good news regarding CU membership, lending, and earnings, some CUs continue to struggle.
October 21, 2013
New-auto lending continues to be a bright spot for many CUs.Read More
Is the government’s focus on austerity coming at the wrong time?
July 15, 2013
The pace of U.S. economic growth continues to lag long-run norms.Read More
CUs need it, regulators support it, and legislation has been introduced.
April 22, 2013
Credit unions want—and need—capital reform. The time is nowRead More
CUs have doubled their share of mortgage originations in less than a decade.
January 6, 2013
Home sales are expected to rise 3% and home prices are expected to rise 2% to 3% in 2013.Read More
Bureau of Labor Statistics sends mixed signals about labor market health.
November 1, 2012
There is good and bad news on the economy, says CUNA economist Mike Schenk.Read More
It might take a bit longer to dig out of the Great Recession’s very deep trough.
August 20, 2012
While the economic recovery likely will remain on track, CUNA’s economists now expect marginally slower economic growth.Read More
Expect modest growth and stronger earnings in the months ahead.
May 1, 2012
CUNA economists recently dusted off their crystal ball. The prognostications probably won’t shock you, but you might be pleasantly surprised.Read More