Line graph showing credit union credit card balances are rising.

A Fed report showed credit unions lost ground to other lenders with both credit cards and auto loans in June.

But Fed's G-19 Consumer Credit Report released Friday also found the recovery in credit card balances continued for a third month among all lenders and for a second month for credit unions. Banks and credit unions have reported rising credit card spending this year, while payoff rates have been slowly declining.

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Jim DuPlessis

A journalist for decades.