Credit card and unsecured personal loans outstanding declined 1.8% during February, leading an overall loan decline of 0.4% during the month, according to CUNA's economics and statistics department.
Also on the decline were new auto loans (-1.2%), home equity loans (-0.4%), and used auto loans (-0.2%), CUNA reports.
Lending bright spots included adjustable- and fixed-rate mortgages, which grew 0.9% and 0.1%, respectively.
Credit union savings balances grew 1.2% in February compared to a 0.1% decrease in January. Share drafts increased 6.9%, followed by regular shares, which grew 3.5%.
On the decline were money market accounts (-1%) and one-year certificates (-0.6%).
Other findings from February:
The total dollar amount of capital is $94 billion.