The us dollar against the background of a declining chart. U.S. economy. The economic crisis in America. Decrease in profit. Recession. Source: AdobeStock.

Credit unions made another large gain in automotive lending in March, but their gains slowed in credit card lending.

CUNA’s Monthly Credit Union Estimates showed credit unions topped the half trillion mark in automotive loans at March 31 with a $500.5 billion balance. The credit union balance represents a 35.1% share of total automotive loans shown in the Fed’s G-19 Consumer Credit Report for March.

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Jim DuPlessis

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