WASHINGTON--Credit union loans outstanding increased 0.23% in November, compared to a 0.24% increase in October, and a 0.13% increase in November 2024, according to America’s Credit Unions’ latest Monthly Credit Union Estimates.
Leading the growth were home equity lines of credit (1.36%), unsecured personal loans (0.62%), second mortgages (0.45%), credit cards (0.4%), and first mortgages (0.33%).
On the decline were auto loans (-0.2%), secured personal loans (-0.27%), and private student loans (-0.75%), ACU said.
Monthly Credit Union Estimates are updated monthly and available on an online dashboard with other resources. The Data and Tools section of America’s Credit Unions website contains a wide range of dashboard analytics; data at the state and district level, various calculator tools; the economic forecast; and more.