Consumer Credit at CUs Grew in June

The Federal Reserve reported today outstanding consumer credit at credit unions expanded in June.

Total outstanding consumer credit at credit unions rose by about $2.8 billion for June to $404.3 billion, according to the Federal Reserve's G.19 report.

Revolving consumer credit edged higher by almost $100 million to $53.3 billion.

Nonrevolving consumer credit grew by approximately $2.6 billion to $350.9 billion.

Read the G.19 report.