using a credit card to pay for online shopping Source: Shutterstock.

Credit union member spending ended the year strong, with the usual seasonal gains from holiday spending and some increases tied to inflation, according to reports from two payments CUSOs.

CO-OP Financial Services, the payments CUSO based in Rancho Cucamonga, Calif., reported Wednesday that its base of credit union members spent 23% more via credit card and 17% more by debit in December than they spent in November.

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Jim DuPlessis

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