WASHINGTON--Credit union loans outstanding increased 0.24% in October, compared with a 0.54% increase in September and a -0.01% decrease in October of 2024, according to America’s Credit Unions’ latest Monthly Credit Union Estimates.
Home equity lines of credit led loan growth at 1.45%, followed by second mortgages (0.88%), unsecured personal loans (0.42%), first mortgages (0.26%), private student loans (0.22%), and credit cards (0.18%).
Auto loans (-0.09%) and secured personal loans (-0.15%) declined during the same time period, ACU said.
The 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.