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13 Credit Unions That Tripled Auto Loans Since 2012

Credit unions gain a greater share of the auto loan market since the recession by improving data analysis and relationships with dealers.

By Jim DuPlessis | Updated on July 14, 2017

Credit unions have been gaining a greater share of the automotive loan market since the recession as banks retreat and many credit unions consciously build their car loan portfolios by finding borrowers through better data analysis and forging indirect lending relationships with dealers.

The trend can be seen through some of the industry’s strongest performers. A search of the NCUA’s database of 5,729 credit unions by CU Times identified 13 medium to large credit unions that have had strong, consistent growth since 2012. In fact, all at least tripled their total auto loan portfolios from the end of 2012 to the end of 2016.

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Jim DuPlessis

Jim DuPlessis

A journalist for decades.

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