Credit unions had $237 billion in outstanding consumer credit in November, down from the revised figure of $240.6 billion in October, according to data released by the Federal Reserve.

Overall, outstanding consumer credit fell to $2,478.2 trillion, down from $2,487.4 trillion in October. It was the 10th consecutive monthly decline.

At credit unions, outstanding revolving credit rose to $34.5 billion, from $34.2 billion in October. Revolving credit, which mostly refers to credit-card related payments, fell overall to $882.9, compared with $885.5 billion in October.

Complete your profile to continue reading and get FREE access to, part of your ALM digital membership.

  • Critical information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including and

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.