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CUNA Mutual economist Steven Rick said he expects U.S. new car sales to exceed 17 million vehicles in 2018.

Credit union loans grew at a faster pace from January to February than they did for the same months since at least 2015, according to the Credit Unions Trends Report released Thursday.

February is usually a sluggish month for lending, but this year credit unions ended February with $990.5 billion in loans on their books, up 0.5% from Jan. 31 and 10.4% from February 2017. Previous January-to-February gains were 0.2% in 2017, 0.1% in 2016 and 0.3% in 2015, according to the report from CUNA Mutual Group in Madison, Wis.

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Jim DuPlessis

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