Outstanding Consumer Credit at Credit Unions Rose in February

The Federal Reserve reported today that outstanding consumer credit at credit unions increased by $1.6 billion in February to $347.5 billion.

Revolving credit at credit unions fell in February by approximately $700 million to $48.3 billion. This was the second consecutive monthly decline in revolving credit at credit unions.

On the other hand, non-revolving credit grew by $2.3 billion to $299.2 billion in February.

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