Nonrevolving Consumer Credit Owned by Credit Unions
NREVNCU • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
635,993.67
Year-over-Year Change
11.18%
Date Range
1/1/1943 - 6/1/2025
Summary
Nonrevolving Consumer Credit Owned by Credit Unions tracks the total outstanding non-revolving loans held by credit unions, representing a key indicator of consumer borrowing and financial health. This metric provides insights into consumer spending patterns, credit accessibility, and the overall economic condition of household finances.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This economic indicator measures long-term consumer credit like auto loans, personal loans, and educational loans held specifically by credit unions. Economists use this trend to understand consumer financial behavior, credit market dynamics, and potential shifts in consumer spending and borrowing capacity.
Methodology
The data is collected through comprehensive reporting by credit unions to federal financial regulatory agencies, tracking the total outstanding balance of non-revolving credit instruments.
Historical Context
Policymakers and financial analysts use this trend to assess consumer financial health, credit market conditions, and potential economic stimulus or contraction signals.
Key Facts
- Represents total non-revolving credit held by credit unions
- Includes loans like auto financing and personal loans
- Provides insight into consumer financial health and borrowing trends
FAQs
Q: What types of loans are included in non-revolving credit?
A: Non-revolving credit includes fixed-term loans like auto loans, personal loans, and educational loans with predetermined repayment schedules.
Q: Why are credit unions important in this metric?
A: Credit unions often provide more personalized lending services and can serve as alternative financial institutions to traditional banks.
Q: How frequently is this data updated?
A: The Federal Reserve typically updates this data monthly, providing current insights into consumer credit trends.
Q: What does an increase in this metric suggest?
A: A rise in non-revolving credit can indicate increased consumer confidence, economic growth, or improved access to credit.
Q: Are there limitations to this economic indicator?
A: The metric only covers credit unions and does not include data from banks or other financial institutions, which may limit its comprehensive view.
Related News
Gen Z In the U.S. Shifts From Spending To Saving Habits
How Gen Z's Shift from Spending to Saving is Impacting the US Economy Recent trends indicate a significant shift in the spending habits of Gen Z, w...
S&P 500 Rises With Optimistic U.S. Inflation Report
S&P 500 Soars: Positive U.S. Inflation Developments The S&P 500, a primary stock index that tracks the performance of 500 major U.S. companies, has...
U.S. Stock Market Futures Rise On Inflation and Tariff News
US Stock Market Futures Rise Amid Inflation Data and Tariff News US stock market futures are on the rise, driven by significant updates in inflatio...
U.S. Treasury Yields Decline After Inflation Data Meet Expectations
US Treasury Yields Drop as Inflation Data Meets Expectations US Treasury yields have seen a noticeable decline recently, as the latest inflation da...
U.S. Stock Market Rises Amid PCE Inflation Report Analysis
U.S. Stock Market Climbs Amidst Insights from PCE Inflation Report Investors in the U.S. stock market are focusing on the most recent PCE Inflation...
U.S. Stock Futures Stagnant Despite Positive Jobless Claims and GDP
Why US Stock Futures Remain Stagnant Despite Positive Economic Indicators The current investment landscape is puzzling for many as US stock futures...
Related Trends
Total Securitized Consumer Credit
TOTALSEC
Nonrevolving Consumer Credit Owned and Securitized by Nonfinancial Business, Flow
DTCTLNHNXDFBANM
Student Loans Owned and Securitized
SLOASM
Revolving Consumer Credit Owned by Nonfinancial Business
REVOLNNFC
Revolving Consumer Credit Securitized by Depository Institutions
DTCNLRHDNM
Total Consumer Credit Owned by Nonfinancial Business
TOTALNFC
Citation
U.S. Federal Reserve, Nonrevolving Consumer Credit Owned by Credit Unions [NREVNCU], retrieved from FRED.
Last Checked: 8/1/2025