Consumer Credit at Credit Unions Rose at Annualized Pace in May of $79.9 Billion

Outstanding consumer credit at credit unions grew during May by approximately $6.6 billion to $362.2 billion fueled by an increase in non-revolving credit, according to the Federal Reserve.

While revolving credit at credit unions was unchanged for May at $48.5 billion, non-revolving credit increased by nearly $6.7 billion to $313.7 billion.

See the G.19 report.