As if the here and now isn't enough to deal with, credit union CEOs have another key issue to focus on-the future.
CEOs are figuring out how to manage through the recession while at the same time making sure their credit unions will be in good positions once the economy begins to pick up.
Some speculate that there are signs the declining economy is starting to bottom out. The latest results from Southwest Corporate Federal Credit Union's CEO confidence survey showed that CEOs have a significantly more positive outlook than they did last quarter. The survey showed a 17-point jump in CEO confidence over the previous quarter, which showed confidence at an all-time low.
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