ALEXANDRIA, Va. — NCUA has a new video on its YouTube Channel as part of its series of economic analyses. The latest installment features three segments.
In the opening segment, NCUA Chief Economist John Worth reviews current economic trends and their impact on the national economy. Topics covered include labor market developments, housing market improvements, and consumer confidence. The review also covers potential risks to the economy.
The second segment discusses the recently released 2012 Annual Report of the Financial Stability Oversight Committee (FSOC). In the segment, Worth highlights two key FSOC recommendations of particular interest to credit unions — the need for improved emergency liquidity planning and access, and how changes in interest rates can affect risk profiles.
The final segment features an analysis of how anticipated future Stabilization Fund assessments for credit unions compare to anticipated Deposit Insurance Fund assessments by the Federal Deposit Insurance Corporation. The review shows that federally insured credit unions can expect to pay less in assessments than federally insured banks during the next decade.