CUNA Finds Credit Unions Lose Auto Share

But analysis of data through February shows CUs have better rates and lower delinquencies than other lenders.

By Jim DuPlessis | July 07, 2023 at 06:00 PM

Line of used cars at an auto dealership.

A CUNA analysis of car loan data found credit unions offered members better rates than banks and other lenders, and credit union members had lower delinquencies.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
Exclusive discounts on ALM and CU Times events.
Access to other award-winning ALM websites including Law.com and GlobeSt.com.

NOT FOR REPRINT

Lending

1 Credit Unions in Seven States Name New CEOs

2 Member Sues California Credit Union Over Return Deposit Item Fee

3 Overdraft Fees Now in CU Call Reports Reveal Declining Trend

4 17 Credit Union Professionals Elevate Their Careers

5 2024 Trends & Opportunities in Executive Compensation

Consulting
Consulting Leaders in Technology 2024
May 16, 2024 - Dallas

Consulting Magazine recognizes leaders in technology across three categories Leadership, Client Service and Innovation.
More Information
Consulting
Consulting Top Consultants 2024
June 27, 2024 - New York

Consulting Magazine identifies consultants that have the biggest impact on their clients, firms and the profession.
More Information
Real Estate
GlobeSt. Women of Influence (WOI) 2024
July 22, 2024 - Lake Tahoe

GlobeSt. Women of Influence Conference celebrates the women who drive the commercial real estate industry forward.
More Information

Jovia Financial Launches Commercial Lending CUSO

By Natasha Chilingerian | May 08, 2024

The CUSO serves small financial institutions nationwide, with exclusive services for those in the New York City Metro area.

Jovia Financial Launches Commercial Lending CUSO

Credit Unions Still Gaining in Consumer Loans

By Jim DuPlessis | May 08, 2024

But the pace of balance growth is slowing for credit unions, and for all lenders auto loan growth is the slowest in years.

Credit Unions Still Gaining in Consumer Loans

Spending Spikes & Student Loan Debt Are Putting Retirement Savings at Risk

By Kristen Beckman | May 03, 2024

Employers can help employees save by automating and incentivizing emergency savings, but it's key to customize messaging that is unique to a specific employee demographic to increase the likelihood of them taking action.

Spending Spikes & Student Loan Debt Are Putting Retirement Savings at Risk

5 Evolving Attack Methods in Credit Card Fraud link

White Paper

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

Instant Insights /