Credit Unions Rev Auto-Loan Growth Engines

U.S. credit unions are accelerating their growth in auto lending as the economy improves and many of the financial institutions make a concerted effort to go after car buyers. Credit unions have increased their auto lending by nearly 30 percent since 2012, including a 16 percent increase last year, according to data from Sageworks, a […]

U.S. credit unions are accelerating their growth in auto lending as the economy improves and many of the financial institutions make a concerted effort to go after car buyers. Credit unions have increased their auto lending by nearly 30 percent since 2012, including a 16 percent increase last year, according to data from Sageworks, a financial information company. Read more.

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The League of Southeastern Credit Unions & Affiliates represents nearly 300 credit unions throughout Alabama, Florida, and Georgia. It has a combined total of almost $200 billion in assets and 12.4 million members. LSCU provides advocacy, compliance services, education and training, cooperative initiatives, and communications.

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