Leagues Pivot Forward With Financial Data Update Survey

Individual taking survey

In California and Nevada, credit union leaders were also asked this week to take a few moments and complete the new Financial Data Update Survey.

The responses will help aggregate the current financial picture of credit unions in both states by capturing a visual of credit unions’ net income, net worth, shares, loans, assets, delinquencies, defaults, mortgage forbearances, mortgage extensions, consumer loan extensions, and business loan extensions.

A response by every credit union is critical as the California and Nevada Credit Union Leagues continue advocating for thoughtful and sensible legislation with state and federal lawmakers who are responding to the economic disruption caused by the COVID-19 pandemic.

The Leagues want to thank credit union leaders for their assistance so far as League leaders assess the financial state of the industry and continue demonstrating the impact credit unions are making in their communities.

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