Aggressive Rate Pricing Drives Credit Union New Auto Loan Growth

Analysis from CUNA Mutual Group’s October Credit Union Trends Report reveals factors that contributed to 4.1% annual new vehicle growth as of August. 

Roughly 48% of all credit union loan growth since August 2011 has been attributable to vehicle loans. Currently, 29.5% of all credit union loans are vehicle loans, up from 28.8% at this time last year, the report noted.  ...Aggressive Rate Pricing Drives Credit Union New Auto Loan Growth: .