Consumer Credit at CUs Up in January

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Title : Consumer Credit at CUs Up in January

Consumer Credit at CUs Up in January

The Federal Reserve reported that outstanding consumer credit at credit unions grew in January 2016.

Total outstanding consumer credit at credit unions rose by $4.2 billion in January to $345.9 billion.

Revolving credit at credit unions fell by almost $400 million during January to $49 billion. On the other hand, outstanding nonrevolving credit at credit unions was $296.9 billion in January -- up from $292.3 billion in December 2015.

Read the G.19 release.

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