Friday, November 9, 2018

Consumer Credit at CUs Grows at Slower Pace in September

The growth of consumer credit at credit unions slowed in September, according to the Federal Reserve.

Outstanding consumer credit at credit unions was $454.6 billion in September, up from $451.3 billion in August.

Revolving credit at credit unions in September increased by about $100 million to $59.9 billion.

Nonrevolving credit rose from $391.5 billion in August to $394.7 billion in September.

Read the G.19 report.

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