Credit union loans outstanding decreased 0.2% during November 2010, the same decline as in October 2010, according to the Credit Union National Association’s economics and statistics department.

Leading the decline were adjustable-rate mortgages (-3.4%), new auto loans (-1.3%), and home equity loans (-0.4%).

On the upswing were unsecured personal loans, which grew 1.6%, followed by fixed-rate mortgages, 1.5%, credit cards, 0.9%, and used auto loans, 0.3%.

Credit union savings balances decreased 0.5% in November compared to a 0.7% increase during October.

Money market accounts increased 0.5%. On the decline were share drafts (-1.5%) regular shares (-0.6%), one-year certificates (-0.3%), and individual retirement accounts (-0.1%).

Other findings:

• Asset quality: Credit unions’ 60+ day delinquencies increased slightly to 1.8% during November;
• Liquidity: The loan-to-savings ratio increased slightly to 73%. The liquidity ratio (the ratio of surplus funds maturing in less than one year to borrowings plus other liabilities) remained constant at 19%; and
• Capital: The movement’s overall capital-to-asset ratio remained at 10% in November 2010. The total dollar amount of capital is $94 billion.

Review this month’s Rates & Ratios.