Loans Outstanding at Credit Unions Decreased in February

WASHINGTON—Outstanding loans at credt unions decreased by -0.21% in February, compared to a 0.51% increase in January and a 0.25% decrease in February 2025, according to the latest Monthly Credit Union Estimates from America’s Credit Unions. 

The estimates are generated from the Equifax Analytics Dataset (an anonymized random sample of credit report data that tracks 10% of all U.S. consumers with a Social Security number), the trade group said. 

Loan growth was led by (0.95%) and private student loans, the data show.

Categories showing a decline included:

  • Credit cards (-2.5%)
  • Unsecured personal loans (-0.73%)
  • Secured personal loans (-0.68%)
  • First mortgages (-0.15%)
  • Second mortgages (-.01%)
  • Auto loans (-.02%).
Source: America’s Credit Unions
Source: America’s Credit Unions
Facebook
Twitter
LinkedIn

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.