Tuesday, November 7, 2017

CU Consumer Credit Increased During September at a Faster Pace

Outstanding consumer credit at credit unions grew by almost $4.5 billion during September 2017 to $417 billion, according to the Federal Reserve.

During the previous month, consumer credit at credit unions grew at a slower pace of approximately $800 million.

Revolving credit edged higher by $200 million to $55.3 billion during September.

Outstanding nonrevolving credit at credit unions increased from $357.4 billion in August to $361.7 billion in September.

View the G.19 Report.


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