Credit Union Automotive Market Share Dips for First Time Since 2011

The decline doesn't necessarily mean CUs are in for a gloomy 2019 - the current trends present a prime opportunity.

By Melinda Zabritski | July 26, 2019 at 09:00 AM

Credit unions had been steadily increasing their market share in the automotive financing space for years, but the Q1 2019 data showcased a surprise: That trend has taken a hiatus.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
Exclusive discounts on ALM and CU Times events.
Access to other award-winning ALM websites including Law.com and GlobeSt.com.

NOT FOR REPRINT

Lending

1 Credit Unions in Seven States Name New CEOs

2 Member Sues California Credit Union Over Return Deposit Item Fee

3 Overdraft Fees Now in CU Call Reports Reveal Declining Trend

4 17 Credit Union Professionals Elevate Their Careers

5 2024 Trends & Opportunities in Executive Compensation

Consulting
Consulting Top Consultants 2024
June 27, 2024 - New York

Consulting Magazine identifies consultants that have the biggest impact on their clients, firms and the profession.
More Information
Real Estate
GlobeSt. Women of Influence (WOI) 2024
July 22, 2024 - Lake Tahoe

GlobeSt. Women of Influence Conference celebrates the women who drive the commercial real estate industry forward.
More Information
Consulting
Consulting Best Firms to Work For 2024
September 12, 2024 - New York

Consulting Magazine identifies the best firms to work for in the consulting profession.
More Information

How Credit Unions & Health Care Providers Can Join Forces to Address Medical Debt

By Jeff Grobaski | May 17, 2024

Allow patients to access medical loans at the lowest cost possible while strengthening the communities your CU serves.

How Credit Unions & Health Care Providers Can Join Forces to Address Medical Debt

Data Shows Q1 Bounce for CUs From Q4 Pit: Callahan

By Jim DuPlessis | May 16, 2024

But other data shows a continuing drop in loan originations and weak loan quality.

Data Shows Q1 Bounce for CUs From Q4 Pit: Callahan

Loan Portfolios Shrink for Third Month in a Row

By Jim DuPlessis | May 10, 2024

America's Credit Unions report also shows total car loans fell from their year-ago level, another first since at least 2014.

Loan Portfolios Shrink for Third Month in a Row

Check Fraud Mitigation: Capabilities to Protect Your Credit Union link

White Paper

Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
Exclusive discounts on ALM and Credit Union Times events.
Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now

Instant Insights /