Consumer Credit at Credit Unions Grew In February

Outstanding consumer credit at credit unions grew in February by $3.3 billion to $389.5 billion, according to the Federal Reserve's G.19 report.

Revolving credit at credit unions fell in February by almost $200 million to approximately $52.3 billion. This was the second consecutive monthly decline in revolving credit by credit unions.

On the otherhand, outstanding nonrevolving credit at credit unions increased by almost $3.6 billion in February to $337.3 billion.