Total Consumer Credit Owned by Credit Unions
TOTALTCU • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
721,871.04
Year-over-Year Change
10.29%
Date Range
1/1/1943 - 6/1/2025
Summary
Total Consumer Credit Owned by Credit Unions tracks the aggregate lending volume of credit unions to individual consumers across various loan types. This metric provides critical insight into consumer borrowing trends, financial health, and credit accessibility in the United States.
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 represents the total outstanding consumer credit held by credit unions, including personal loans, credit card balances, and other consumer lending products. Economists analyze this trend to understand consumer spending capacity, credit market dynamics, and potential economic resilience.
Methodology
Data is collected through comprehensive reporting by credit unions to federal regulatory agencies, aggregated and tracked by the Federal Reserve Economic Data (FRED) system.
Historical Context
Policymakers and financial analysts use this metric to assess consumer financial behavior, credit market conditions, and potential signals of economic expansion or contraction.
Key Facts
- Credit unions typically offer more personalized lending terms compared to traditional banks
- Consumer credit volumes reflect broader economic confidence and spending patterns
- This metric helps track potential shifts in consumer borrowing and financial strategies
FAQs
Q: What types of loans are included in this metric?
A: The metric includes personal loans, credit card balances, auto loans, and other consumer lending products offered by credit unions.
Q: How does credit union lending differ from bank lending?
A: Credit unions are member-owned, non-profit institutions that often provide more competitive rates and personalized service compared to traditional banks.
Q: How frequently is this data updated?
A: The Federal Reserve typically updates this data quarterly, providing a current snapshot of credit union lending trends.
Q: Why do economists track consumer credit trends?
A: Consumer credit trends provide insights into economic health, consumer confidence, and potential future spending patterns.
Q: What are potential limitations of this data?
A: The metric only covers credit unions and does not include lending from banks, online lenders, or other financial institutions.
Related Trends
Nonrevolving Securitized Consumer Credit, Flow
FLNREVNSEC
Total Consumer Credit Owned and Securitized by Finance Companies
DTCTLHFNM
Total Consumer Credit Owned and Securitized, Flow
FLTOTALNS
Revolving Consumer Credit Owned by Finance Companies, Flow
FLREVOLNFC
Nonrevolving Consumer Credit Owned by Depository Institutions
NREVNDI
Motor Vehicle Loans Owned and Securitized
MVLOASM
Citation
U.S. Federal Reserve, Total Consumer Credit Owned by Credit Unions [TOTALTCU], retrieved from FRED.
Last Checked: 8/1/2025