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Credit unions continue to see growth in auto lending

Abrigo

Overall auto lending at credit unions is up more than 30 percent in recent years, a positive sign that CUs remain competitive in an evolving banking landscape. Utilizing the Sageworks Bank Information platform, Sageworks recently examined how steadily auto lending at credit unions – specifically for new vehicles – grew in 2014.

Lending 150
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Excited To Help People

Independent Banker

Central Region Award Recipient. His collection of shot glasses, each bearing a particular state’s name or emblem as tangible evidence of his visits to those states, is complete after a recent trip through the Dakotas, Montana, Wyoming and then, lastly, Alaska. One person cannot do it all—there’s just way, way, way too much to do.” —Jim

St. Louis 105
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Auto lending up more than 30 percent at credit unions since 2012

Abrigo

And just as in mortgage lending , credit unions are seeing a bigger piece of the consumer loan pie. credit union auto lending portfolios are faring. Across the country used vehicle loans nearly doubled their new counterparts by lending volume. Regionally, the rocket-like momentum remains clear.

Lending 150
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Building from Scratch

Independent Banker

She got married to a Navy man and moved with him to Kodiak, Alaska, where she had a son. Two years later, Nelson moved as a single mom to Oakland, where she again found a job as a teller at a regional bank. She worked her way up to become a senior vice president and senior manager of that regional bank.

Oakland 98