Credit union car loan growth remained near post-recession peaksin the third quarter, while other lenders slowed, according toreports from the Federal Reserve and NCUA.
The Federal Reserve System's Consumer Credit Report released Tuesday showedcredit unions continued to gain a bigger share of consumer debtfrom banks in September with higher growth rates for car loans andcredit cards.
The Fed's G.19 report showed U.S. lenders held $1.1 trillion inmotor vehicle loans on Sept. 30, up 4.7% from a year earlier and1.8% from June 30.
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