Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Auto loans remained credit unions’ financial sweet spot for growth in 2016. Over the past year, vehicle loan balances increased by $37.6 billion (14.3%), beating mortgages as the leading source of growth. All indicators point to auto loan growth remaining stable and a perfect climate that will provide continued opportunities for credit unions to succeed. To take advantage of these strong market conditions and build out auto loan portfolios, here are some tips to jump start the process.

Credit Union Times

Join 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
Join Credit Union Times

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.