Consumer Credit at CUs Grew in January

The Federal Reserve reported on March 7 that outstanding consumer credit at credit unions grew in January 2018 by $4.1 billion to $429.1 billion, according to the G.19 report.

Revolving credit at credit unions contracted in January to $57.4 billion from $58 billion in December 2017.

Nonrevolving credit expanded by $4.7 billion in January to $371.7 billion.