CrossState, Fed Credit Union Roundtables Conclude

Yesterday, CrossState and the Federal Reserve of Philadelphia (Fed) concluded their final credit union roundtable in Lancaster, PA, which provided credit union leaders with a regional economic outlook focused on economic challenges and opportunities facing respective regions, and the business and consumer behavior where discussions were held.

Additional roundtables were held in Allentown, PA, and at the Philadelphia Reserve throughout the last month. Time was also spent on short- and long-term challenges faced by credit unions, observations related to the housing market, the state of local labor markets, and the top risks and concerns credit unions are experiencing, such as fraud and cybersecurity.

The Fed will be using feedback from these discussions to provide more insight to their data and findings. Click here to access one of the presentations for more information.

CrossState appreciates the ongoing partnership with the Fed to showcase the work of credit unions in their communities and their contributions to local economies.