If the latest data is any indication, members are still sticking with their credit unions when it comes to building their savings nest eggs.
CUNA Mutual economist says making new loans to members should remain top priority.
CUNA Mutual report cites higher deposit yields and more members seeking financial safe havens.
Some of the nation’s biggest banks have apparently stalled out when it comes to the amount of auto loans they’ve recently originated.
As the day approached when the Federal Reserve was poised to raise or lower certain key rates, investors were likely wondering whether they would get the chance to bump up their savings.
That two-door hatchback with the spiffy, cushy interior bought back in 2003 may be on its last wheels.
CUNA Mutual says savings instruments are now nearly $38 billion or 16% off peak of March 2009.
Vehicle loan portfolio expansion continues to be the driving force behind credit union loan growth, CUNA Mutual Group says.
Credit Union Economics Group meets with Federal Reserve officials for 11th year.
More dealership alliances, better marketing, lower rates or a combination of all three?