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NCUA and Fed data also show credit unions’ share of auto loans in September has fallen from a year earlier.
With this rate shift and its many implications in mind, now is the time for CUs to reevaluate their lending strategies.
Results for 10 of the largest credit unions point to auto loans as the biggest factor in falling production.
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Market Study: The Application and Consumer Perception of Artificial Intelligence in Banking
This comprehensive market study dives deep into the contrasting views between financial institutions and account holders, offering critical insights that can drive your credit union's strategic decisions.
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Quick Guide to Modern Prescreen Marketing
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