Wednesday, August 7, 2019

Consumer Credit at CUs Grew by Almost $2.4 Billion for June 2019

Outstanding consumer credit at credit unions grew by almost $2.4 billion to $476.1 billion during June, according to the Federal Reserve's G.19 Report.

Both revolving and nonrevolvoing credit at credit unions expanded during June.

Outstanding revolving credit grew from $63.2 billion for May to $63.7 billion for June.

Nonrevolving credit balances at credit unions increased by $1.8 billion during June to $412.4 billion.

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