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Home » Credit union auto growth expected to slow in 2024 

Credit union auto growth expected to slow in 2024 

Bethpage FCU on track for record $690M in auto originations in 2023 

Amanda HarrisbyAmanda Harris
December 20, 2023
in Risk Management
Reading Time: 4 mins read
0
cars in lot with sunrise in back

(Photo/Canva)

Credit union auto lending activity is expected to slow in 2024 following two strong years as rising interest rates prompted captives and banks to scale back financing volume.   Space Coast Credit Union, for one, issued its inaugural auto asset-backed securitization on Dec. 6, a $422.3 million deal backed by prime auto loans, according to […]

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