Credit Unions Rev Auto-Loan Growth Engines

U.S. credit unions are accelerating their growth in auto lending as the economy improves and many of the financial institutions make a concerted effort to go after car buyers. Credit unions have increased their auto lending by nearly 30 percent since 2012, including a 16 percent increase last year, according to data from Sageworks, a […]

U.S. credit unions are accelerating their growth in auto lending as the economy improves and many of the financial institutions make a concerted effort to go after car buyers. Credit unions have increased their auto lending by nearly 30 percent since 2012, including a 16 percent increase last year, according to data from Sageworks, a financial information company. Read more.

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The League of Credit Unions & Affiliates provides a platform for advocacy, collaboration, and innovation, representing 381 credit unions across Alabama, Florida, Georgia, and Virginia and their 32.7 million members, as well as $453.6 billion in assets. The League serves as an advocate through credit union engagement, advocacy impact, Foundation resources, and LEVERAGE products and services. Join us in supporting credit unions by learning more at www.the-league.coop. Follow The League on LinkedIn, Facebook, X, and Instagram.

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