If credit unions are looking for proof that they can manage loans better than their bank competitors, it would likely be with delinquencies and charge-offs.

Since 2007, credit unions' loan losses have trailed banks in both areas, according to data tracked by CU Business Group, a Portland, Ore.-based business lending CUSO serving more than 360 credit unions.

Meanwhile, even as the industry experienced sluggish loan growth, several credit unions experienced double digit percentage increased in their auto and first mortgage originations among others.

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