Fed
survey: Banks ease lending standards as loan demand returns
The Federal
Reserve's first-quarter senior loan officer opinion survey (SLOOS) revealed
that banks have eased lending standards in several areas following a year-long
trend of tightening due to the coronavirus pandemic.
CUs:
Provide feedback on climate, mortgage issues by Tuesday
Member credit
unions have one week left to provide feedback through NAFCU's Economic &
CU Monitor survey. This month's survey is focused on climate risks that could
impact credit unions' operations and portfolios, as well as mortgage-related compliance requirements.
Explore
what's new on the NAFCU Networks
The NAFCU Networks continue to
grow – closing in on 14,000 users – as they provide online communities to
credit union professionals looking to collaborate on issues facing the industry,
get insights into processes and partnerships, and discuss strategies to continue
strengthening and growing their institutions.
Starting Next Week: Virtual CEOs and
Senior Executives Conference
Join us virtually from your home or
office to gain insights from industry leaders as they outline the most impactful
forces affecting your credit union.