Loan growth continues to be a pressing priority for many credit union executives.
According to a new TransUnion survey of 64 credit union leaders, 72% of them said loan growth as the most significant issue facing the credit union industry this year.
More than half (57%) identified auto loans as the biggest opportunity for growth. Trailing by a wide margin were deposit accounts, which were the second most frequently cited by significant business opportunity among survey respondents, the data showed.
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