Credit union loan balances are up 5.9% from a year ago to $573.7B, but
fell slightly from year-end 2008.
Loan growth is led by a 9.2% increase in real estate loans outstanding.
The main driver of real estate loan growth was 1st mortgages, which
grew at 11.9% for the year to total $214.5B in March.
New auto loan balances continued to decline through March, but as used
auto lending increased, net auto loan balances rose 72 basis points
The credit card portfolio was another strong point for credit unions. Balances
totaled $31.9B in March, a 5.6% increase from the previous