PLANO, Texas-Credit union CEOs are much more optimistic about the economic environment today than they were one year ago, according to the latest results of Catalyst Corporate's CU CEO Confidence Survey. The 2011Q4 index of 26.81 is nearly 16 points higher than the 2010Q4 index. Historically, the index has ranged from a high of 47.40 (Q204) to a low of 7.90 (Q109) over the survey's eight-year lifespan. In the most recent survey, CEOs rated the economy a 43.75.
Among the other findings in the most recent survey:
• CEO assessment of their members' current financial condition jumped 13 points from -0.42 a year ago to 12.85 in the Q411 survey. Likewise, CEO marks for members' anticipated financial condition in six months increased from 9.11 to 23.54 year over year.
• CEO expectations for loan demand are up by 14 points from Q410 to Q411. Expectations for share deposit growth also increased seven points over the same time last year.
