New and used auto lending continued to be a strong activity for credit unions through the third quarter 2005, as these charts from Callahan and Associates show. As of September, the dollar volume of auto loans generated by credit unions was more than in the past five years. In addition, both new and used auto loan penetration among all credit unions continued to climb and were at their highest levels since late 2002. As of September, new and used auto loans accounted for 17.8% and 18.8%, respectively, of credit unions' loan portfolio, ranking just behind first mortgages.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
