Top Lending Stories
News
Credit Union Vehicle Lending Strongest Since 2005
By Michelle A. SamaadAnnual vehicle loan portfolio growth rose to 10.4% in July, which was the strongest growth since September 2005, CUNA economist says.
CU Times compiles our exclusive data sets in combination with information received from NCUA and other federal agencies to give a clear view of lending trends involving credit unions (i.e. mortgage, auto loans, HELOCs, student loans).
Annual vehicle loan portfolio growth rose to 10.4% in July, which was the strongest growth since September 2005, CUNA economist says.