Outstanding Consumer Credit at Credit Unions Rose in February

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Title : Outstanding Consumer Credit at Credit Unions Rose in February

Outstanding Consumer Credit at Credit Unions Rose in February

The Federal Reserve reported today that outstanding consumer credit at credit unions increased by $1.6 billion in February to $347.5 billion.

Revolving credit at credit unions fell in February by approximately $700 million to $48.3 billion. This was the second consecutive monthly decline in revolving credit at credit unions.

On the other hand, non-revolving credit grew by $2.3 billion to $299.2 billion in February.

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