Auto lending trends heading up.
Credit unions held record shares of the nation's loans to consumers for credit cards and automobiles in June, the Fed reported Tuesday.
The Fed's G-19 Consumer Lending Report showed credit unions held 5.8% of the nation's credit card debt in June, their highest share since the Fed began tracking the numbers in January 1984. It was essentially unchanged from 5.8% in May and up from 5.6% in June 2017.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
