Credit Unions Hold Highest Share of Nation's Credit Card Debt Since January 1984

According to an August 2018 issue of CU Times, the Fed’s G-19 Consumer Lending Report showed credit unions held 5.8% of the nation’s credit card debt in June, their highest share since the Fed began tracking the numbers in January 1984.

When managed properly, credit card loans to members can benefit the members and the credit union.

Use TCT’s Loan Pricing and Credit Migration tools to assure inherent risks in all loans are managed according to regulations and plans.