Consumer Credit at CUs Grew at Annual Rate of $59.2 Billion for April

Outstanding consumer credit at credit unions for the month of April rose by almost $5 billion to $355.6 billion, according to the Federal Reserve.

Outstanding revolving credit at credit unions was nearly flat for April at $48.5 billion.

On the other hand, outstanding nonrevolving credit at credit unions for April increased by approximately $4.8 billion to $307 billion.

Read the G. 19 report.