Credit union loans outstanding increased less than 0.1% during November 2011, compared to a 0.3% increase in October, according to CUNA's economics and statistics department.
Bright spots included unsecured personal loans, which grew 1%, followed by credit card loans, 0.8%, adjustable-rate mortgages, 0.7%, and used-auto loans, 0.3%.
On the decline were fixed-rate mortgages (-0.5%), home equity loans (-0.4%), and new-auto loans (-0.3%).
Credit union savings balances increased 0.2% in November, compared to a 0.1% decrease in October.
Leading the way were money market accounts, with a 1% increase, followed by regular shares, which grew 0.4%, and individual retirement accounts, which increased 0.1%.
Share drafts and one-year certificates decreased 0.6% and 0.1%, 0.1%, respectively.
The total dollar amount of capital is $100 billion.
Not only does absenteeism affect your bottom line, it increases everyone’s workload.