CUNA Mutual Group says credit union-held member vehicle loans up 19% from low point in March 2011.
Credit unions in the two states added 433 staffers in the past 12 months, league says.
Experts cite low delinquency rates, loan and non-interest income revenue growth.
Annual vehicle loan portfolio growth rose to 10.4% in July, which was the strongest growth since September 2005, CUNA economist says.
Credit unions nationwide exhibited strong growth patterns during the first half of 2013, according to the NCUA Quarterly U.S. Map Review.
More loans. It’s the battle cry of almost every credit union in America, if not all of them.
Catalyst Corporate poll finds positive sentiment among CEOs along with overall annualized loan growth in second quarter.
The credit union industry continues to focus on two generations that have little lending potential: boomers and Gen Y.
Brisk loan growth, record membership, highest net worth ratio since 2008 top second-quarter report for federally insured credit unions.
Callahan report says lending pace fastest since 2008.