Credit unions had $235.8 billion in outstanding consumer credit in January, down from the revised figure of $237.2 billion in December, according to data released by the Federal Reserve.
Overall, outstanding consumer credit fell to $2,477.6 trillion, from December's revised figure of $2,481 trillion.
At credit unions, outstanding revolving credit fell to $34.9 billion, from December's revised figure of $35.4 billion. Revolving credit, which mostly refers to credit-card related payments, fell overall to $875.9 billion, from December's revised figure of $94 billion.
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