Credit Union Balances Rise, Led by Consumers on Both Ends of the Credit Risk Spectrum
TransUnion(TRU) GlobeNewswire News Room·2024-09-05 20:00
CHICAGO, Sept. 05, 2024 (GLOBE NEWSWIRE) -- The newly released Q3 2024 Credit Union Market Perspectives Report from TransUnion (NYSE: TRU) found that balances continue to rise across all credit products, led by share growth among consumers in the super prime and subprime risk tiers. Among credit unions, balances grew among all consumer lending areas in Q2 2024. Growth ranged from 2.7% in credit union auto balances up to 14.4% for home equity loan balances as borrowers continue tapping into the equity in the ...