Credit Unions' Share of Auto Loans Slips

CUNA and Fed reports show the credit union share of total U.S. auto loan balances fell from March to June.

By Jim DuPlessis | August 24, 2023 at 03:00 PM

Chart showing credit unions have lost auto loan shares in 2023

Another sign that credit unions' share of auto loans is slipping emerged from two reports this month.

The smaller share emerged by comparing CUNA's Monthly Credit Union Estimates showing total auto loan balances held by credit unions, and the Fed's G-19 Consumer Credit Report showing end-of-the-quarter balances for all U.S. auto loans through June.

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How Credit Unions & Health Care Providers Can Join Forces to Address Medical Debt

By Jeff Grobaski | May 17, 2024

Allow patients to access medical loans at the lowest cost possible while strengthening the communities your CU serves.

How Credit Unions & Health Care Providers Can Join Forces to Address Medical Debt

Data Shows Q1 Bounce for CUs From Q4 Pit: Callahan

By Jim DuPlessis | May 16, 2024

But other data shows a continuing drop in loan originations and weak loan quality.

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Loan Portfolios Shrink for Third Month in a Row

By Jim DuPlessis | May 10, 2024

America's Credit Unions report also shows total car loans fell from their year-ago level, another first since at least 2014.

Loan Portfolios Shrink for Third Month in a Row

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