Abstract
Credit Unions are financial co-operatives owned and controlled by their members. Credit unions are very popular in the United States (US) where they operate both on state as well as on a national level. Since these organisations are, in the US, in direct competition with retail banks, short to mid-term extrapolations are essential in order to visualize the trends for access to credit in the future. In the present study we use published data for six key financial figures from ten states in the US. An Expert Forecasting Support System, selecting via a competition among classic extrapolative techniques, has been employed in order to prepare one-year as well as five-years ahead forecasts and confidence intervals for the times series under consideration.
| Original language | English |
|---|---|
| Title of host publication | 7th International Conference of the Faculty of Management Koper. ‘Advancing business and management in knowledge-based society’ |
| Pages | 1303-1310 |
| Number of pages | 7 |
| Publication status | Published - 25 Nov 2006 |
Keywords
- Credit Unions
- Forecasting
- Time series
- Method Selection