Credit union members' outlook on the U.S. economy improved in the fourth quarter of 2011, according to the latest Discover U.S. Spending Monitor, a monthly consumer survey conducted by banking and payment services giant Discover Financial Services.
Based on Discover's survey results, 10% of credit union members rated the U.S. economy as "good" or "excellent" in January 2012, while in October 2011, just 5% of CU members gave the economy the same rating.
Additionally, the percentage of credit union members who rated the U.S. economy as "poor" dropped from 69% in October 2011 to 53% in January 2012, the survey revealed.
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Natasha Chilingerian
Natasha Chilingerian has been immersed in the credit union industry for over a decade. She first joined CU Times in 2011 as a freelance writer, and following a two-year hiatus from 2013-2015, during which time she served as a communications specialist for Xceed Financial Credit Union (now Kinecta Federal Credit Union), she re-joined the CU Times team full-time as managing editor. She was promoted to executive editor in 2019. In the earlier days of her career, Chilingerian focused on news and lifestyle journalism, serving as a writer and editor for numerous regional publications in Oregon, Louisiana, South Carolina and the San Francisco Bay Area. In addition, she holds experience in marketing copywriting for companies in the finance and technology space. At CU Times, she covers People and Community news, cybersecurity, fintech partnerships, marketing, workplace culture, leadership, DEI, branch strategies, digital banking and more. She currently works remotely and splits her time between Southern California and Portland, Ore.
