Credit Union Magazine Best Practices: Strong Auto Lending in a Weak Economy profiled the eight credit unions that have managed to double their auto loans in the last three years while keeping delinquencies low. The credit unions range from $1.1 million in assets and $216,000 in auto loans to $8.5 billion in assets and $2.1 billion in auto loans.
One credit union highlighted in the report increased its auto loans from $2.5 million in 2005 to $6.3 million in 2008 with a low delinquency rate of 0.02%.
--lsiegriest@cutimes.com










