HOBOKEN, N.J. — Callahan & Associates has released the latest credit union auto lending data. For total outstanding balances Callahan & Associates said, "Annual auto loan growth is slowing, although balances increased in the second quarter. Credit unions did, however, pick up momentum when compared to other financial institutions in this current market. As of June, credit unions captured market share of 15.5%, the highest market share levels since the first month of 2007."
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