WASHINGTON—Outstanding consumer credit at credit unions increased during the month of August.
Total outstanding credit grew by $6.1 billion during August to $451.3 billion, reported Keith Leggett, the former senior vice president and senior economist at the ABA.
Revolving credit edged higher in August by $300 million to $59.8 billion.
Nonrevolving credit increased by $5.8 billion in August to $391.5 billion, Leggett said.