Credit union loans outstanding decreased about 0.1% during July 2010, compared to a 0.3% increase during June, according to CUNA’s economics and statistics department.
Used auto loans increased 0.5%, while home equity loans increased 0.1%.
New auto loans and adjustable-rate mortgages decreased 1.4% and 0.1%, respectively.
On the savings front, credit union savings balances increased 0.8% in July 2010, compared to a 0.3% decrease during June.
Share drafts increased 4.8%, followed by money market accounts (0.8%) and regular shares (0.4%).
One-year certificates and individual retirement accounts decreased 0.3% and 0.5%, respectively.