Auto Loans: Captives Eat Credit Unions' Lunch

Experian finds the share of loans and leases fell again for CUs in the fourth quarter, while captive lenders set records.

By Jim DuPlessis | March 01, 2024 at 04:00 PM

Credit unions' share of vehicle financing in the fourth quarter fell to its lowest level in more than two years, according to a report by Experian.

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By Jim DuPlessis | July 19, 2024

Three large banks report originations were down 11% in the second quarter as credit union balances flatten.

By Jim DuPlessis | June 28, 2024

The Illinois credit union's elimination of a banking desert follows a pattern mapped by Fed researchers.

By Alan Goforth | June 27, 2024

Further, two in three employees want the most support from their employers over the next three years in financial well-being.

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