Auto loan portfolios accounted for nearly half of all credit union loan growth in 2013.
Indeed, over the past year, auto loan portfolio expansion of $19.7 billion accounted for 48% of lending, according to CUNA Mutual Group's Credit Union Trends Report, which tracked data through September.
Vehicle loans represented 30.7% of all credit union loans, up from a low of 28.7% at the end of 2011 but below the pre-recession level of 33.3%.
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